Friday, August 13, 2010

Phil Flynn: 19th Market Breakdown

Ben’s the kind of person you meet at certain dismal, dull affairs, center of the crowd, talking much too, stirring' up the bulls and the bears. Well it seems to me that you have seen too much in too few years and though you try you just can't hide your eyes are edged with fears, you better stop and look around, here it comes, here it comes, here it comes, here it comes, here comes your 19th market breakdown. Oh, who's to blame, that market's just insane? Well nothing Ben does don't seem to work It only seems to make matters worse. Oh, please.

You better stop and look around, here it comes, here it comes, here it comes, and here it comes here comes your 19th market breakdown. While the oil market tried to find solace in some strong data out of Germany as its GDP jumped 2.2 in the second quarter, the fastest pace for at least two decades the market is still reeling from a dismal week and dismal initial jobless claims report that increased 2,000 to 484,000 in the week ended Aug 7, the highest level since mid-February.....Read the entire article.

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