Today again a hard slide down on he bourses.Dow is near another critical point reached in March.Will this be a possible hold?

If you read some artickles in Time magazines a lot of countries are in big financial trouble like a lot of European countries,the USA,Japan etc..All deep in the debt.

For the Canadians so far there is no bad news out there.Despite i read some critics about their government at least they did a better job then most Europeans did.banking sector if I'm right is also more stable there .So in fact thez Cad $ should be in better shape the the rest of the major currencies .No matter what meassures the ECB and the Eurozone leaders are taking they can't probably calm the speculators.Spain and Italy are very near the danger zone and specially Italy has a huge debt much much more the Greece and Portugal.I don't know if this situation don't stop what the concequences will be.

Now that CLL is trying to get the ducks on line the trouble in the world is far from over.Sp today at 0.92 .

What kind of view do you guys have on this global situation?If bourses don't find a botttom CLL will go nowhere.Maybe the speculators are to negative but because of their actions they make harder actions nessacairy to counter and if Italy becomes in stormy water the € is in big danger then to survive.In the Eurozone the ECB can't print €'s like in the US.They have no law for that.

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12:13 PM ET

Headlines for Dow Jones Industrial Average (DJI:DJIA)

News for Dow Jones Industrial Average

1. Thursday, August 04, 2011

   1. 11:56 AM ET

      U.S. stocks plunge; Dow off 336, loses year gains MarketWatch

   2. 11:53 AM ET

      Kraft moves to break into two companies MarketWatch

   3. 11:48 AM ET

      Dow industrials fall 371 points to 11,531.72 MarketWatch

   4. 11:46 AM ET

      Dow industrials loses 2011 gains MarketWatch

   5. 11:43 AM ET

      Dow slides 300 points; still up for the year MarketWatch

   6. 11:41 AM ET

      U.S. stocks fall hard as economy weighs MarketWatch

   7. 11:37 AM ET

      Financials shed over 2% as Genworth, E-Trade slump MarketWatch

   8. 11:06 AM ET

      S&P 500 flirts with correction as stocks dive MarketWatch

   9. 10:47 AM ET

      U.S. stock losses sharpen; Dow off 230 points MarketWatch

   10. 10:29 AM ET

       Financials shed more than 2%; Genworth down 5.1% MarketWatch

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