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Author: [Investments] Topic: Burlusconi News
rick3117 send a private message View Space | Blog | Friends | Playbook |
rick3117
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#1
Posted: 11/8/2011 10:27:06 AM
If he holds out could mean strong pressure on the Euro.  

Any thoughts?? 

Already have a nice drop,  after the vote.. 
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#2
Posted: 11/8/2011 11:22:39 AM
Yeah I noticed that too, but they keep supporting the Euro and the US markets. Given what hasnt been accomplished in Greece, this and other higher rates on Euro bonds I dont get why the markets are still holding in.
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#3
Posted: 11/8/2011 12:09:49 PM
I honestly thought we would have shot right down past that support level of 1.3706(ish), after the vote. He got support, but not a majority. I thought that would be the ultimate no confidence vote, and would lead to a huge sell-off.  

The conspiracy monger in me thinks that this is manipulation, but its kind of a moot point when discussing the Euro. 
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#4
Posted: 11/8/2011 12:53:38 PM
Right..

Let alone Greece being unresolved and Portugal and Spain being in a similar situation.
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#5
Posted: 11/8/2011 2:25:15 PM
I guess everything is great again, the guy is going to leave next year.

Off to the races.
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