Goldman's State of the Markets report
In summary, Goldman proposed key trades for Europe are:
Buy 5Y Protection on iTraxx Series 9 9-100% Tranche
Buy 6 Month EURCHF One-Touch Put Option
While on China Goldman recommends its best clients to the following:
Buy a Short Equity Total...
traderslair pls stop trolling.
europe and the US are both pretty safe if you use a little bit of common sense and stay out of the lesser neighbourhoods.
i lived in barcelona for a year
rented a 5 bedroom 4 bathroom airconditioned appartment, furnished with antiques for 1200 euro/ month.
in the best part of town, on a hill above the smog.
went skiing in andorra every weekend in the winter. only a 3 hour drive.
was pretty sweet
rwk> i'm not a lawyer, but the european union allows for free trade and passage of people. The borders are open.
so imo, if you have a visum for spain you are allowed to move freely between the EU countries.
rwk> i believe you can live anywhere in europe if you have a visum for spain. i also believe visas for europe are relatively easy to get for americans.
re: cheap places in europe. heard a lot of good things about prague and croatia (seaside)
also check out portugal. great climate. my ex...
diablo> if the close is weak, maybe
wouldn't use too much leverage over the weekend if i were you though.
if you must have a position you can also use etfs or options.
i'm going to hold some shorts over the weekend but only 30% of my account.
i'll state my opinion fwiw concerning the weekly swings.
i've seen that big money started buying on 22/08 in the afternoon, and they didn't really stop untill yesterday.
startraitor: you've been pretty spot on with your calls the last weeks.
do you still think we go higher here today and/or next week?
or do you think the trend has turned?
5 billion is 3% of BRK, and 10% of their available cash, hardly all in imho
and effecitvely they paid about $5 and change per share
https://docs.google.com/spreadsheet/ccc?key=0Aij6EG4ObjGidF8zb2NrUjM5ZHI0Szk5Wnh5Qk9LMUE&hl=en_US#gid=0
heads up to matt levine for that