The Selloff In The Markets

when the dollar is roaring and the euro is in freefall. The longer the Europeans dither, the longer the euro falls, the longer Germany benefits. Why can't people figure this out? These talks are win-win for Germany. They are able to dominate Europe and get the euro to go down, so they can export overseas. Meanwhile, our exporters get crushed. I haven't liked this setup for a while because, as I wrote last night, you are in a place where people are going to fear we are going into a recession just when the Fed thinks it MUST raise. It's a powerful and terrible combination, and it is causing selling like mad. Can it be stemmed? If you watch the price of the Euro currency...it's telling you it can't. This is why, amongst our possibly slowing economy and the eventual rise in rates, that I've been taking profits and raising cash levles. I want to have cash available to purchase new stocks or add to my existing mutual funds when others can't take the pain and the market appears to be done selling off. A few more days like this, and I might be able to start employing some of the cash I've been sitting on....depends on how things go in Greece though of course