GREY:SXRZF - Post by User
Comment by
wavepsycheon Jun 15, 2011 9:39pm
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Post# 18721566
RE: RE: RE: Dead cat bounce!
RE: RE: RE: Dead cat bounce!Yes ... defaulting PIIGS, poor US economic data and QE3 uncertainty makes for a very toxic brew. Add China potentially 'going medieval' (i.e., with underclass unable to afford basic food and shelter) and Roubini's bearish calls will be tame by comparison. For those with cash, extreme bargains may be at hand. JMHO.
Oh well, there is always CNBC and BNN to cheer us up ;)