New ECB funds

[BC02]

Some very interesting news for the bulls...

I like the part of "In the space of two months the ECB has now injected more than a trillion euros into the financial system, banishing the threat of a credit crunch."

http://www.fin24.com/economy/banks-gorge-on-530bn-of-ECB-funds-20120229

[richardw]

And for the bears, Portuguese bonds widening. ECB doing a bit of buying. I sold my ALMI shorts Monday and today I bought nice new ALSI ones. Have sold two, will keep one around.