Thursday, August 4, 2011

EUR/CHF Crashing After Hours

The contagion is continuing to widen.  Zerohedge reports that the EUR/CHF is crashing after hours on rumors of an Italian bank run in progress.
The EUR/CHF chart looks like a Blythe raid on silver. 
Head fake up followed by mine shaft ride down.
Grab a bag of popcorn tonight...24 looooong hours until the weekend.  Europe may not make it.