DislikedPT and group members,
Have been watching and reading your trades, thoughts and articles. Just read an article that thought you, with bearish tendencies, might find interesting.
http://www.zerohedge.com/news/citi-e...rally-has-comeIgnored
Itally unsustainable debt and social contract structure with subpar growth prospects. Citizens not willing to change any more than the Greeks really are in accepting changes to retirement and other programs.
Spain likely to go to a more socialist government which is usually not keen on cutting social spending and lowering taxes.
Greece? Who in their right mind is going to want to lend them more money?
The only key to getting out of this is growth, and there are no drivers. ECB will be forced to start cutting rates and more QE.
It is just a matter of time and as traders how we position ourselves to take advantage.