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iShares China Large-Cap Message Board

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  • koufax62 koufax62 Jun 8, 2012 7:00 PM Flag

    Bought some

    You are absolutely correct IMO!

    The current trough Q baked in as predicted and aggressive liquidity move timed to counter EU overhang. Good news or positive progress that builds near term EU stability and the FXI is fueled to the upside with a double catalyst.

    Shoring up the banks in Spain is a manageable fix from a cost standpoint, that will go a long way in restoring order and confidence and buy valuable extra time as well for EU officials as an instant buffer diminishing the impact of a possible Greek exit.

    Smart play by you I would say!


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