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GDN's price could be in for a good lead up from good EURO news ... we hope all works out .. snipet from Bloomberg
full story : http://www.bloomberg.com/apps/news?pid=20601087&sid=a46uNVxfKbAw&pos=1
May 9 (Bloomberg) -- European Union finance ministers meet today to hammer out the details of an emergency fund to prevent a sovereign debt crisis from shattering confidence in the 11- year-old euro.
Jolted into action by last week?s slide in the currency to the lowest in 14 months and soaring bond yields in Portugal and Spain, leaders of the 16 euro nations agreed to the financial backstop at a May 7 summit. They assigned finance chiefs to get it ready before Asian markets open later today European time.
?We will defend the euro, whatever it takes,? European Commission President Jose Barroso told reporters in the early hours yesterday after the leaders met in Brussels
GDN Price at posting:
10.2¢ Sentiment: Buy Disclosure: Held