Now the negatives are given airtimeBloomberg - 75% dont believe...

Now the negatives are given airtime

Bloomberg - 75% dont believe in quantative easing
ABC business overseas expert- easing doesnt work and China is right to downgrade US debt

Irish bonds collapsing, spanish bonds falling, ireland to likely to need a loan from the other bankrupt European nations. It is self fulfilling when the debt markets dont give you money, because of fear of debt restucture, you know its all over.

It is getting closer to the day everyone gives up, pomo not working, QE2 wont work and all that money will dissappear in the blink of an eye, after all the sharemarket can make money dissapear very quickly.Even the bulls on this forum are talking of limited upside, about 4850, or maybe a new high above 5000. Little upside but plenty of downside imo