No big banks have collapsed. No countries economies have collapsed.- Yet the carnage continues.
All because of an unprecedented downgrading in good old USofA.
The OZL sell off has just been a result of the general market hysteria. But i fear we have seen the "perfect storm' develop with a rush to the exits to protect capital.
When this turns those that have panicked will be kicking themselves for not sitting it out.
OZL Price at posting:
$11.27 Sentiment: Hold Disclosure: Held