No Bazooka Joe From Europe, So It's Back to the Technicals for Direction

Dec
14

The umpteenth meeting to end all meetings and the debt crisis in Europe came and went again. While the Europeans have started throwing some real money at the problem, they have yet to unwrap and show off a bazooka reminiscent of the vintage 2008-09 artillery the Americans brandished a few years ago. So the beat goes on as the Wall puts up a major technical battle line at the 200 Day Moving Average, alongside a bevy of economic woes keeping the world worried.

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