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Monday, May 10, 2010

Investors should look to sell European financials: CLSA - CNBC-TV18 -

Investors should look to sell European financials: CLSA - CNBC-TV18 -: "Chris Wood, CLSA: The latest measures will only make sense if they are accompanied by appropriate fiscal tightening. While investors should prepare for the obvious short-covering bounce, led by European financials, they should look to short the euro on any bounce. They should also look to sell European financials on any bounce in the Wall Street-correlated markets above the 1150 level on the S&P 500"

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