ES Journal Archive (2009 - 2010)

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Quote from Pholeuon:

Long 78.75 stop 3 points

Is there some news for EUR (this is dropping seriously, god thanks).

Spain-Germany rate spread at new historic highs: 237 - this is one baby that due to its size they will not be able to bail out.

Portugal (next in line): 448.

Ireland: 613 - and they keep bickering over their budget; don't want to get into politics, but...

If they're going to crush the euro, "they" have to do it before April (US Congress would have to approve raising the debt ceiling - seeing opposition parties in Ireland and Spain, Portugal not so much, willing to sink their countries' economies just so they can get back to power... good luck with that).
 

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