Swiss bank UBS just posted a 2.6 bill euro write-off today K and...

Swiss bank UBS just posted a 2.6 bill euro write-off today K and market took it in its stride ... even tho 1500 employees sacked as a result. If the central banks can keep plugging the leaks in an orderly fashion like this, the OZ resources sector may actually keep motoring ahead whilst the financials drift down (?) ... espesh gold & pms should fly in this scenario. This morn was the obvious time to take an xjo short on spec again but really, didn't feel the need to hedge my portfolio considering my portfolio itself IS a hedge haha !
Our Ice Queen's technos looking sensational AND closed on her highs.
IMBOOC