JohnKicklighter

Greek Bank Shares More Active Gauge of Negotiation Progress

NYSE:NBG   NATIONAL BK GREECE S A
87 1 5
The Euro             is a deer in the headlines and implied volatility measures on the currency seem to be drawn down by tempering in other asset classes. Looking at Greece CDS, we have an instrument issue - we had a technical defaulted with the debt restructuring years ago and they have never been the same. Looking for a more sensitive and perhaps accurate gauge of sentiment, perhaps the banking sector of the equities market is the best measure for liquidity and speculative sentiment.
I believe that whatever happens now, Good or bad for Greece . The EUR will have more value.
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