Also interesting is the date of the election, jan 25 just three days after the ECB meeting. The ECB is expected to announce the commencement of some sort of QE.
What is forgotten in all this is that Greece (pop. 7m) owes more that $400B so the EZ will want Greece to stay in the euro. Greece also has the option of leaving the euro and walking away from it's debts, (which would probably happen) leaving many EZ banks with holes in their finances that would cause insolvency.
The EZ needs Greece to stay in the euro so I expect something miraculous is announced jan 22. How to take advantage of that is the question. Any ideas out there?
