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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.89+0.3%Dec 3 4:00 PM EST

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To: DebtBomb who wrote (5627)6/10/2010 5:24:31 PM
From: Paul Kern  Read Replies (1) of 219623
 
Billionaire investor George Soros said “we have just entered Act II” of the crisis as Europe’s fiscal woes worsen and governments are pressured to curb budget deficits that may push the global economy back into recession.

George Soros is not our friend. He has no interest in making us wealthy.

I assume from this he is short the Euro and has a huge naked swap position on European banks.
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