eaglenest's Blog : Spanish Ibex-35 market´s doing a nice double bottom

The Euro as measured by FXE is going to 113...minimum. The U.S. dollah as measured by UUP is going to become one o'the werld's ONLY safe havens soon. The 2 tickers that trade the Yer A Peeyin banks that I personally follow (NBG n IRE...actually 3, AIB) are telling us that they are about to go into the final stages ov panic that I always spekk about. The period during a stock's life cycle wherst everybody wants out at ANY cost. I certainly "hope" the fine citizens of Ireland do the correckt thang...the thang that we as serfs of the criminal element on Wall St that run our govmint did not get a chance to do >>> Say NO!! *-) That will be the catlist to take IRE well belowst the recent 52 week low....NBG goes belowst $1 dollah...gar-own-teed...AIB goes into the .50 centavos area. But like I sed ba ba bafo. Once panic takes over anna ya jist can't find a buyer well....we'll see how the U.S. n werld equity markets react to that thur. Intrusting time to point this out tho at this "critimacal" juncture. I say >>> Release the hoooooounds! :o 3J

It may also be a proxy for the Euro's health.