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Creating Coin with Scott Bleier

Scott Bleier
Read Scott here on iBankCoin and also at http://www.createcapital.com/
Joined Jan 19, 2010
717 Blog Posts

Something smells fishy. NOT KOSHER!

Scott Bleier Thu Jun 23, 2011 11:36am EST 3 Comments

Hedge Funds liquidating commodities because they were too leveraged? Europe on the brink (again)? The release of oil from reserves? A debt ceiling impasse? Markets giving back the four day recovery in one bar? Dr. Fly posting his famous charts?

WTF is going on today? It is something. I’m not sure what and I don’t care to speculate publically, but with month/qtr. end,  I would tread lightly with funds at the ready to buy a potential “flush”.

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3 comments

  1. drummerboy
    drummerboy
    June 23, 2011 at 11:47 am

    something, or someone is pushing up lumber though. i dont get that either

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  2. Trading Nymph
    Trading Nymph
    June 23, 2011 at 11:53 am

    HSBC Flash PMI’s out of China, Germany, France, Eurozone…sucked bigtime.

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  3. jimmy_two_times
    jimmy_two_times
    June 23, 2011 at 1:24 pm

    think they’ll flush it before end of Q?, or print some damage, then open the tap full in July for a nice test at 1250?

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