News came that there will be no run on the markets. Major efforts are being made right now to settle the cash flow issues in the EU. We should hear about it next week. So they must be doing something right over there. What it is... I can't see then forming a central bank over a weekend so it must be some other confidence builder. Not sure I like what I think the vehicle will be. http://www.citizen.org/documents/Leaked-TPP-Investment-Analysis.pdf
The lack of a sell off for CUU bodes extremely well. Without even a mini sell off there's a good chance we have some surprises coming. I've heard yet again that a major development is coming. I assume with all the drill talk we've hit a very positive core. We should expect a good hit and we should ecpect a confirmation of last year's finding. This combined with global events may give traders pause to rethink the months end. I hope this is the case.