No confidence in the "summer of recovery" Europe sold off
big yesterday. And bernankey is out of bullets.
Thats it in a nutshell.
The scarry part is the gold sell off.
Guess its not considered a safe haven today.
cash is king. No one knows where to jump next.
God knows I dont.
Only bright side is tressuries are climbing which is good for me.
Check this
http://www.reuters.com/article/2011/...7725O920110803
heard it put best this way.
When the fear of losing money (in the market) overcomes the fear of looking stupid, people....... sell sell sell.