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Subject Look at the Drudge headline about Europe's collapse.
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Original Message “My attitude about equities right now has moved from being moderately bearish to moderately apocalyptic,” said Tres Knippa of Kenai Capital Management on CNBC's "Squawk on the Street." “What is going on in Europe is an absolute disaster…the risk-on trade is not the place to be. I want to be out of equities and very, very defensive because the situation in Europe just got worse after those elections.”

[link to www.cnbc.com]
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