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It is going to take more than the ECB and the FED to clean up this mess….

June 4, 2012

Please read this…if you want to hear how the Dow Jones 2012 gains were erased in one day, and how the S&P 500 lost 10%.

In my opinion, all of the banks are still too leveraged, and I do not believe that the ECB and the FED, provided they give “stimulus”, will have enough power to get the market on track.

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