Agreed. I suspect this deal ran right up to the edge of the
abyss, given the impending Fed/ECB meetings as you noted. Is it too
little,too late? We won't know 'til after the fact,of course, but
I'm thinking this whole Euro debt drama ain't over yet. For now
though, the backs of the shorts have clearly been broken ...
Title: "something must be terribly
nuclear option card.....
Posted by dukeseegers on 30th of Nov 2011 at 09:04 am
Agreed. I suspect this deal ran right up to the edge of the abyss, given the impending Fed/ECB meetings as you noted. Is it too little,too late? We won't know 'til after the fact,of course, but I'm thinking this whole Euro debt drama ain't over yet. For now though, the backs of the shorts have clearly been broken ...
yep....could have been a European
Posted by marketguy on 30th of Nov 2011 at 09:11 am
yep....could have been a European bank(s) or maybe even BAC (was dipping under $5 for god's sake)....
something tells me it's too late "BUT" it's tough to bet against these manipluative bastards....soooo tough.....