LTRO2 out of the way now. Is it a case of ‘sell the fact’ now its done? Or is the BTFD trade still the driver … along with AAPL? The ES RTH opens in about 25 mins, its currently a point above its RTH close from yesterday, which is not impressive given the ‘good’ news. Baah …….. I’m sounding like one of the perma-bear fixed-view crowd. Not good.
OK – getting off the fence, mark me down as a ‘sell the fact’ guy.