The script has all been laid out beforehand and I'm sure everyone knows the plot. It is Greece then Ireland then Portugal then Spain. It's Portugal's turn. I doubt this will be much of a market mover because everyone knows. Still we get the gap down but I wouldn't bet on much of a drop, it has been a fool's game to call tops.
Did you see india?
ReplyDeleteIndia's downleg looks nice :)
ReplyDeleteYes, it is trading like China. Emerging markets are overowned, but I can't say the same about US.
ReplyDelete