More pain to come..probably 1-2 months from now

    Posted by marks on 11th of Aug 2011 at 05:25 pm

    BELGIUM, FRANCE, ITALY, SPAIN TO IMPOSE SHORT-SELLING BANS...


    Similar ban was put in Aug time frame here in 2008 and in Oct was a meltdown...I think we are getting closer to some larger decline

    It was Sept 18, 2008

    Posted by kalinm on 11th of Aug 2011 at 06:49 pm

    And the market went ballistic for two days ($spx rallied from 1133 to 1265; xlf rallied from $16.11 to $23.22)..... then the selling got really bad.

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