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Will Spain Pop the Question This Thursday?


Before we get to October, we could use some help from our friends in Spain, who could use some help from the ECB.

MINYANVILLE ORIGINAL As the S&P 500 (INDEXSP:.INX), DOW (INDEXDJX:.DJI), and NASDAQ (INDEXNASDAQ:.IXIC) continue their soft shoe out of September to the tune of the "Low Volume, Low Volatility Shuffle," financial players are starting to look ahead to October and wonder if this historical month of market crashes will rear its angry head. To wit (whatever that means), my analyst friend says, since 1950, October has been on average a net positive month for the stock market. And since all of us investors are above average, October should keep this market moving higher right? Well…?

Before we get to October we sure could use a little help from our friends in Spain. Or more accurately, our friends in Spain could use a little help. All they have to do this Thursday is ask the ECB for bailout money and the answer will be yes. Billions of euros? Yes. Tens of billions of euros? Yes. Hundreds of billions of euros? Yes. Yes to hundreds of billions of euros and yes to hundreds of billions of strings attached to them as a bonus. Hey, no such thing as a free almuerzo, as they say.

Click on the image below to read a comment about each of the worries facing investors this week, or continue to the next page for a text-only version of this column and an explanation of how it works.

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Position in SPY, QQQ, GLD
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