I am so skeptical of this rally tonight, I even question the validity of the alleged big increase in Chinese exports that was announced this weekend. Who on earth is increasing their imports? U.S. imports were down in the last report, and certainly China's largest customer, Europe, has not been ramping up its purchases. Congrats and good luck to the nimble traders who went into the weekend well-positioned.
This strikes me as Europe's version of America circa four years ago. So I'm into a USA all the way investment posture.
Excellent point, Dr X. The Spanish bailout is going to cost the EU one heck of a lot of money..
ReplyDelete600 to 700 Euros, would be my estimate..
That Red Chinese export number is a fabrication or perhaps they are driving trucks to H.K. and returning at night..
THE BLOODY CHICOMS ARE LYING THROUGH THEIR TEETH...
Why is goo up $2.50 bucks per barrel?
Unlike the melt-up Jan, Feb, & Mar, news emotion is activating many more investors in stocks. So expect smaller rallies and declines.
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