30-11-2016, 06:36 PM
(30-11-2016, 05:28 PM)brattzz Wrote: times are good for shorting european bank shares ya?
I think too late liao loh, most europe banks should have been shorted liao loh since the pre-referendum polls show Renzi might be losing.
Monte dei Paschi’s Future Hangs on Sunday Vote
Another round of volatility which will affect the year end window dressing of the local fund managers for sure if Renzi loses. Maybe become like Greece default contagion since this bank is likely to really go KAPUT if Renzi loses.
The other thing is end of this week is OPEC meeting results. If there is no deal from there, could be DOUBLE WHAMMY for markets this weekend as oil goes towards $30 again and commodities all sink with it. Even Trump is not going to able to help that.
Triple whammy will be when FED announce rate rise...
I am eagerly waiting for another round of correction...
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
http://thebluefund.blogspot.com