I guess we have rallied on this:  http://www.reuters.com/article/2011/11/15/us-usa-fed-comments-idUSTRE7AE28620111115 
At some point I think it will take the US to bail out Europe ( and of course the US Banks and Money Market Funds that are trapped in that market ) BUT I think it has to get worse before it gets better.  My EUO position helped quite a bit but the other positions are now off-side.  I am staying with my positions for now.



Leave a Reply.