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IBDvalueinvestin (99.66)

Europe's vacation is "Now Over"

Recs

3

June 07, 2010 – Comments (2)

 Spain's Union workers to Protest Austerity measures on Tuesday.

Lets just hope it doesn't turn out like the Greek Protests where Tear gas was used and people got burned alive in a Bank. Yes its gonna hurt your standard of living but its the only way to pay your debt. Your government gave you a better standard of living than u deserved by borrowing from your future. Now is the time to pay for that careless spending.

 

Portugal votes on the Austerity measures later this week.

2 Comments – Post Your Own

#1) On June 07, 2010 at 8:47 AM, IBDvalueinvestin (99.66) wrote:

The European recovery this morning is weak if you look deeper you will see Industrials, Heavy Construction are falling.

Germany's DAX is now up 0.2% even though its decliners outnumber its advancing issues by roughly 3-to-1. Industrials, down 0.4%, remain in the worst shape,

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#2) On June 07, 2010 at 9:56 AM, drgroup (69.07) wrote:

I can not understand how anyone can attach the word recovery to the trading actions of a few days. Portugal, Spain, Greece are still in the economic crapper, nothing has changed. If the term recovery applies here, then these countries have been in a depression of unmeasurable scale up until now. Nothing wrong with phrase "glass half empty or half full" as long as you remember you can drown on a half empty glass

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