Daily Reading on the Financial Markets: 10/10/11
From Zero Hedge, Slovakia says “the biggest threat to the Euro is the Bailout Fund itself.”
William Smead, at Seeking Alpha, believes a tremendous buying opportunity may be at hand.
David Swenlin of Decision Point notes notes that bearish sentiment doesn’t always indicate a bottom, pointing out that bearish se ntiment was about the same as current levels when the market broke dramatically lower in 2008.
At Seeking Alpha, the Simple Accountant believes we may be putting a bottom in place.