pepsi, next week the Greek government have to come to an arrangement with those bond holders that are getting a 70% loss on their bonds. The Greeks must do this next week.
I believe they are forced into this and will do it. Absolutely for sure. It's either that or a disorderly default and euro exit.
That has been holding a lot of dither's money out of the market.
When the Greeks get this announcement out next week (side by side with crc!) we could see a lot of buying.
This is why the market is moving sideways on small volumes.
imho
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