spooked by spikes

different people have to trade for different reasons mate....wouldn't want to read either way.
 
If the spike freaks you out,...think (why) they don't fill you with glee !,...50/50
"know thyself" ; )
 
Lets see if it's just noise on Dec 16th (next ecb long dated tender if I'm not mistaken). That's been the talked about date for the SNB to wade in with their size twelves again....
I still don't get it... I just don't see any reason (regardless of what that UBS dude says) for the SNB to tie their interventions to the ECB refi ops. Proof's in the pudding, so I guess we'll see what happens in December.
 
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