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Author:	[Investments] Topic: Burlusconi News
rick3117	RSI View Space \| Blog \| Friends \| Playbook \|
All-Star Joined: Mar 2006 Posts: 11986 Location: West Virginia	#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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wallstreetcappers	View Space \| Friends \| Playbook \|
Covers Linesmen Joined: Feb 2003 Posts: 47629 Location: United States	#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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rick3117	RSI View Space \| Blog \| Friends \| Playbook \|
All-Star Joined: Mar 2006 Posts: 11986 Location: West Virginia	#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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wallstreetcappers	View Space \| Friends \| Playbook \|
Covers Linesmen Joined: Feb 2003 Posts: 47629 Location: United States	#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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wallstreetcappers	View Space \| Friends \| Playbook \|
Covers Linesmen Joined: Feb 2003 Posts: 47629 Location: United States	#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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