Market at around -.20%. I am understanding from your post that you are a hardcore bear at this point. Could you expand a bit more, before the future and the fact is revealed? Thanks.
From a bear's perspective, the next couple of hurdles will be the 6/20 Fed decision, then the EU Summit 6/28 - 6/29.
I did not say I was a "hardcore" anything. You did. As for subordination, why not look at who gets preferred creditor status in any loan originating from the ESM?
I was feeling bullish, and Mr Market says ....! Wasn't the 61.80 area the bottom for the QQQs this week?
I notice that the bears have shorted bottoms over the last two weeks. It would be interesting to see what would happen when the same bears of this thread turn bulls --- I would not be surprised if it would happen at a top. I would also not be surprised if the so far bears of this thread would later say that they made a killing as bulls in hindsight if it goes up.