autolib in Paris

This morning I discovered 2 installations of autolib very near my apartment.

autolib in Paris

This might be a very good business, atleast here in Paris. They’re planning on testing 3000 electric cars here. December 5th is the launch.

These are electric cars which you rent by the hour. Here’s a demonstration in French.

That was before I got nailed on my $ES_F futures trades on the jobs number and the bad news out of the G20. Additional funding for the IMF couldn’t be decided upon and that was the easy part. To distract the markets Sarkozy decided to ramble about initiatives on a “Transaction Tax”.

I really need to avoid these news events! I hate having to dig myself out of a hole, even before the market opens.