By John Galt October 25, 2011 – 21:35 ET To say tomorrow will be interesting is an understatement. Read the rest from Ambrose Evans-Pritchard at the U.K. Telegraph by clicking on this link: EU rescue plans hostage to raw politics Thankfully the entire crisis is depending on the French. Translation: Europe is screwed.
By John Galt October 25, 2011 – 05:30 ET Just a brief note this morning…. Look for the S&P 500 to cross the 200 DMA, victory declared, and everyone wondering why the public is not participating in this rip your face off rally. Then look for Europe to start their idiocy again Wednesday morning. I’ll have more commentary later on today.