Indicator patterns in all time frames seem to be becoming increasingly ambiguous. However, with short term cycles due for up phases, if they fail to…
Friday started off very promising for the bears, with a break below the significant support zone of 1285; however the bulls were able to get the market back above this zone before the close. As I wrote on Friday, everything that happens between 1…
Italy again pays more to borrow
By COLLEEN BARRY, AP Business Writer – 53 minutes ago
MILAN (AP) — For the second time in as many market days, Italy paid sharply higher borrowing rates in an auction Monday, as investors continued to pressure the…
Saturday, September 10, 2011
Greece Update
by CalculatedRisk on 9/10/2011 06:25:00 PM
There was a rumor on Friday that Greece would default this weekend. That seems very unlikely, although Greece is running out of time. Also there are quite a few pro…