Sunday, July 12, 2009

Fundamental pressure on equities possible

Seems that the ECB is getting impatient with their banks. Lending is very limited and, obviously, this is not good for getting out of a recession. It makes you wonder how aggressive they will be. Will they start a stronger program of quantitative easing? What will that consist of? Will shorting the Euro be part of it? If it is, I think equities will suffer, unless they decouple.

Click on the blue box to hear what Bob Iaccino (one of my trading indicators) says about how he trades.

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