Moody's ratings agency downgraded Ireland's debt to 'junk'. This is only 'an opinion', they were wrong on their opinion of AAA for the subprime CDOs, so what is the probability that they are wong 'junk' opinion?
Labels: fkli, index futures, nq, YM
This will chronicle trading in the FKLI & FCPO futures. If you don't like what you see/read in this blog, just surf away. These opinions are our personal opinions and just a record of our thoughts..."In evolution, it’s not the biggest, the fiercest nor the smartest that survive, it’s the one that changes the fastest.” I.e. the key word is to adapt the trading style to the markets, until it stops working
Moody's ratings agency downgraded Ireland's debt to 'junk'. This is only 'an opinion', they were wrong on their opinion of AAA for the subprime CDOs, so what is the probability that they are wong 'junk' opinion?
Labels: fkli, index futures, nq, YM
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