another interesting day!!!, page-6

yep, PRR is in for another interesting day...

so, how fragile is the US?

the US tanked on nothing but a RUMOUR that the French could be downgraded - just a rumour

this shows how much US banks and investment houses have invested in Europe, as can be seen with how badly their financials faired on the boards overnight - shockingly, that is

anyway, the ratings agencies came out later in the day, dismissing the rumours, but it was too late by that stage, as the rumours had also started to affect SocGen, who also had to sooth the market later in the day, saying everything was "OK"...

so PRR is left to ride Uncle Sam's rollercoaster again today - another ticket to ride - funny that

until the EU (particularly France and Germany) sorts out the problems of the PIIGS, this volatility is going to continue in fits and starts, with major swings coming out of the blue, and at times spurred-on by nothing more than a rumour

and let's not forget our distant second cousin DNDN - they got smacked again, and they're a commercial profit earning outfit to-boot!

sure PRR has cash in the bank, but investors in this market also like to keep their own cash, and not see it burned in volatility and downswings, so don't be thinking PRR will be held aloft and safe by some blind faith in the science and upbeat talk of our future prospects, because it won't be..

all the above just my opinion



good luck