Glimpse of Reality ???

Will the people of the world continue to notice the implications of Global Insolvency this week? My guess is people will wake up to more chaos in poorer nations and that the problem may come home to roost in the US, with State Governments also becoming insolvent. What it does to the Global Economic Markets is left to be seen. God knows I am surprised they have held up this long!!!



Interesting actions in the futures and currency markets tonight, with a sell off in the futures and the EURO actions becoming violent. The Gold line that depics the 8 month trend still has yet to be broken. Stuff won't get too interesting until the 1300 marker is broken on the S&P, as marked by the oval. The gap down in the morning should at least make things interesting. I will keep my eye on Apple to see if the building is truly burning.