Bond Auction in Europe tonight will test the Market strength to support a bounce....or not..
"Italy is scheduled to auction as much as 3 billion euros of debt maturing in 2016 today, while Germany plans to sell 5 billion euros of two-year notes. Spain will offer debt maturing in 2016, 2020, and 2021 tomorrow."
http://www.bloomberg.com/news/2011-12-13/euro-trades-near-11-month-low-before-italy-germany-spain-auction-bonds.html
rocky mountain thigh wednesday, page-59
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