DavidBelleFX
Short

Would be looking to short $BKX and $JNK

AMEX:JNK   SPDR BLOOMBERG BARCLAYS HIGH YIELD BOND ETF
35 0 3
Technical move. Issues from Europe could weigh in on the US banking system. If we got to the situation where there were no bids on JNK             , we could see a pretty large collapse in that market. The US banking sector tracks JNK             tightly as it is more of an institutional grade investment that banks do not mind holding.
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