Wednesday, December 31, 2014 4:06 PM EST
Europe is a mess, and in spite of all the papier mache offering a pretty facade, it’s just going to get messier. From a charting perspective, the big break took place at the place marked with an arrow (which I nailed to the day for my Slope+ subscribers). There’s nothing to suggest this downtrend will reverse.
This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...
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This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural observations or other odds and ends strike me as worth writing about. So I take absolutely no responsibility for the losses – or any credit for the gains – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Please note I am the principal of Tim Knight Organization, LLC, a California-registered investment adviser. The content of the postings and investment strategies and discussions provided herein do not necessarily reflect the views, opinions or policies of Tim Knight Organization, LLC and Tim Knight Organization, LLC makes no warranties regarding the accuracy of their content or their completeness.
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Agreed. Europe sooner or later has to deal with the overspending socialism they are addicted to, save Germany. In the meantime, Russia would like to tromp over all Eastern Europe and make the rest of Europe quake in fear even if it means economic self annihilation. The last thing they need is QE which doomed Japan and is now swallowing the US. Really, has socialism won the cold war? It seems increasingly that way.