ltro - What We're Reading - StockBuz2024-03-29T06:16:43Zhttp://stockbuz.ning.com/articles/feed/tag/ltroThe Draghi Squeezehttp://stockbuz.ning.com/articles/the-draghi-squeeze2014-06-04T17:49:17.000Z2014-06-04T17:49:17.000ZStockBuzhttp://stockbuz.ning.com/members/1t2xbcvddkrir<div><address><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/1290751?profile=original"><img class="align-right" src="http://storage.ning.com/topology/rest/1.0/file/get/1290751?profile=RESIZE_1024x1024" width="750"></a>Sectors are squeezing higher in anticipation of ECB rate decision, expected to cut rates another 25-50bp (negative rates - wow) and possibly announcing LTRO (long-term refinancing operations) tomorrow before U.S. markets open in an effort to reign in inflationary pressures across the pond. I would assume much of this has been "baked in" however $1941 remains very doable.</address>
<address>One thing for certain if they don't, it will be ugly........but I'll still buy the dip.</address></div>