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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (82258)10/28/2011 1:45:26 PM
From: Cogito Ergo Sum  Respond to of 218377
 
Yes I understand yields were up ... hmmm... agree this whipsaw stuff is really tough... I've decided to learn a new skill as a result.. will be a few months though before I can put it to the test..



To: Haim R. Branisteanu who wrote (82258)10/28/2011 4:16:18 PM
From: TobagoJack  Read Replies (1) | Respond to of 218377
 
just in in-tray



The View from the Titanic: Iceberg Still Dead Ahead, Though Slightly Smaller
Hopefully we can put the euro area crisis to rest for a little while - crisis fatigue is setting in. Nonetheless, we could not keep from taking another look at the 'plan to end all plans' that has the markets so excited. As far as we're concerned this complicated feat of financial and political engineering does nothing but buy a little more time - or as a reporter put it in the Austrian press: it's as though the captain of the Titanic were told that the iceberg in the ship's way had just shrunk by one centimeter.

No doubt the time just bought will be used to dig an even bigger hole - after all, this was hardly the first 'emergency summit', so there is little reason to let hope triumph over experience.

Credit market charts updated - CDS on sovereigns have plunged in the wake of the Greek non-default default, but bond yields were far more reluctant to decline.
acting-man.com