that's powerfully dumb perspective. We think the market is about to soar, and those who want to be hedged in case there is something trembly in the woods are long ago hedged. On the periphery, retail dweeb shorts will get clobbered when the market takes off. This is set for next week. Shorts are dead on names like AAPL.
Bond managers are praying for QE, but the world is ready to kick Greece in the head for trying to be retardedly cute and defiant. GFL feeding the old and poor in Greece. Spain needs its banks recapitalized, but the rest of it wil be about avoiding Argentinia's fate --still braindead more than 10 years after their default decision.
What if you want to stay in and the big bad merkel says, "We decided to say FY instead!"