Thursday, June 17, 2010

Speech by Winston Churchill

Summary: follow this link and read the Churchill Speech. sorry if I am a bit short on charts, I think it is all about the Euro and until that resolves...it is an upward slog that I mostly refuse to play overnight except on futures.   A limit down gap is well within reason.   Normal equities and ETFs, especially leveraged ones could be decimated.   The risk reward doesn't make sense to me.

I have never read a whole speech of his, just some quips like "we will never surrender", but this was truly worthy and inspiring of not just fighting the good fight, but fighting that fight with the forethought and preparedness that encourages and expands unity and purpose.
As our battle for free markets, we will someday win them back.
http://www.delong.typepad.com/

ADDED
A good link to a less biased news source.

http://www.spiegel.de/international/world/0%2C1518%2C701109%2C00.html

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Insightful and Useful Comment!