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CBOEtrader
2010 May 7, 1:13am
CBOEtrader
2010 May 7, 1:13am
You could short either Spanish bonds, or the Spain stock market index etf (EWP), or pick out their largest bank and just short that stock.
Be careful, the market has already sold down Spain. There is a chance that you are already late to the party.
I am still kicking myself for not shorting financials during the Bear Stearns / Lehman fiasco.
Given that I feel that Greece is the tip of the iceburg, how does one go about making a bet so that spain's credit rating will be downgraded in the near future?
Can one short a country?