Originally Posted by BayMoWe335
No need for the kind words. That $100B Euros is going be pulled straight out again from the bank runs happening in Spain. They've already taken out $97B Euros this year, now they're asking Germany for the bailout to cover that. Just watch for Greek Elections. If Syriza wins, the bank "jogs" currently happening around Europe are going to turn into full on Bank Sprints. A lot more money is needed.
Charts do look like they have an upside of about +25 on SPX, +250-300 on DOW, or about ~1.8%. Still full short.