The markets were weak again this morning. Greek debt talks continue to drag on. The ECB does not want to take a haircut on their Greek Bond holdings. That caused the Euro to be weak and the dollar to be strong into the open.
Then the bearded clam comes out
and says were turning Japanese with low interest rates until at least late 2014.
The dollar goes negative, the Euro goes positive, and equities respond in kind with not just the paring of losses, but a rally to dance on the graves of the bears.
Bot some TZA, ($21.04,) for a trade into the am…even though the markets will never go down ever again. It’s illegal as per the clam and every central bank on the planet.
DOW up 81
NASDAQ up 31
S&P up 11
[youtube://http://www.youtube.com/watch?v=gEmJ-VWPDM4 450 300]
now for some real music….
[youtube://http://www.youtube.com/watch?v=j5AUm_xaE9A 450 300] If you enjoy the content at iBankCoin, please follow us on Twitter
