Thursday, December 01, 2011

AID BUT NOT A FIX

FORTUNE -- European leaders are watching the Band-Aids they stuck on the eurozone's gushing wound of debt start to peel off. The largest attempted fix, the 440 billion euro European Financial Stability Facility, finally fell off last night, after the fund announced that it would not be able to lever up to a level that could actually bring stability to the eurozone.
http://finance.fortune.cnn.com/2011/11/30/eurozone-eurobonds/

Stocks soared yesterday on CB/FED policy statemements. DONT BUY STOCKS based on one day moves or news.....to make money in this market you need a crystal ball!

MM's want to LOOK good, so they dump their losers and pile into gainers to look better to shareholders, the end of year reshuffling usually brings gains in DEC.

D

No comments: