Hi ya Fitza,Tomorrow is shaping up to be an interesting...

Hi ya Fitza,

Tomorrow is shaping up to be an interesting day.

Firstly this........

http://www.reuters.com/article/2011/08/06/us-crisis-ecb-idUSTRE7751YZ20110806

Now as for the US.......a number of things can happen

Will treasuries sell off?

Will there be a flight to safety and stocks sell off and the cash goes into t-bills and the $US strengthens?

I think there will be an attempt at a stick save before Asia opens tomorrow.

For me........I will staying alert.

For SSN and other oilers IMO our biggest concerns are (1) a weakening $US and or (2) a further drop in the oil price although these two things normally move in opposite directions.

Makes for an interesting Monday eh?

I will be holding my SSN shares no matter what and if the market weakens further I will be looking to buy more.

All just MHO

Cheers mate