(Originally posted on June 15th 2012)

The last few months have been reasonably bad. Yet I somehow feel like the European financial markets. It has not got as bad as it did then but the short term volatility hurts like hell. However what may be perceived as a weakness may actually be a great opportunity for a clean up. More importantly I strongly believe that things are not as bad as they appear to be. Sure Greece is facing political and economical uncertainty. The problems we are starting to see in Spain may just be the tip of the iceberg.  How low can it go in the U.K.? Either way just like the European economy ; I may be burnt and limping now. I may not know when I may fall next but this much I know that sooner rather than later I will be running rather than walking,