Seeking Alpha

David Fry's  Instablog

David Fry
Send Message
David Fry writes a subscription newsletter focused on technical analysis of exchange-traded funds, called ETF Digest (www.etfdigest.com). Dave founded the ETF Digest in 2001 and was among the very first to see the need for a publication that provided individual investors with information and... More
My company:
ETF Digest
My blog:
Dave's Daily
My book:
The Best ETFs: U.S. Equities (A Companion Guide To Building Your ETF Portfolio)
  • CORZINE TEBOWING FOR GUIDANCE 0 comments
    Nov 18, 2011 7:24 PM | about stocks: SPY, IWM, QQQ, CRM, HPQ, XLK, HNZ, XLY, XRT, LUK, GS, BAC, C, JPM, MS, XLF, IYR, XLB, BA, XLI, IYT, IEF, HYG, TIP, UUP, FXE, GLD, GDX, SLV, JJC, DBA, JJG, JO, USO, UGA, XLE, EZU, EEM, EWJ, EWC, EWU, THD, EWG, EWI, EWP, EWZ, RSX, EPI, FXI
    www.etfdigest.com


     
     

    It's been surprising how little MF Global news there is. It's there, all gift-wrapped for the media. The CFTC Chairman Gary Gensler (former GS managing director) has recused himself from MF investigations given his close relationship with Corzine.

    Goldman Sachs, the omnipresent vampire squid, has its tentacles spread globally. Apart from conflicts with MF, Goldman suggested ECB head Mario Draghi (a former GS advisor) encourage the Germans to allow the ECB to print enough money which would be lent to the IMF. In turn the IMF would lend it to euro zone nations in need. German PM Merkel has sternly voted no to this. Italy's new PM Mario Monti (also a former GS advisor) is also pro-printing. And, Goldman in a note Friday wrote: "There are no easy choices and it would have been, no doubt, better if the ECB had never got in the position it is in now. But the current situation demands a careful weighing of the risk involved with any decision taken. The inflationary risk thereby seems to be getting an unduly high weight in the consideration of German policy makers." They clearly have undue influence.
     

    READ MORE....


     

    Stocks: SPY, IWM, QQQ, CRM, HPQ, XLK, HNZ, XLY, XRT, LUK, GS, BAC, C, JPM, MS, XLF, IYR, XLB, BA, XLI, IYT, IEF, HYG, TIP, UUP, FXE, GLD, GDX, SLV, JJC, DBA, JJG, JO, USO, UGA, XLE, EZU, EEM, EWJ, EWC, EWU, THD, EWG, EWI, EWP, EWZ, RSX, EPI, FXI
Back To David Fry's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.