Jester,

Hadn't read your and lt's post about Europe and trading (thanks for the info, always like to hear your trade rationales) until now. I'm somewhat feeling like buying or not buying is almost like throwing darts at a board - can things get better? Imagine the rally if England finds a way to back into the EU. OTOH, as you say, the UK may break apart, in addition to other nasty developments on the continent. It boggles me to think that 30 years ago, the idea of a unified Germany was unthinkable. Until last month, the idea that the UK might shatter into pieces was a nightmare. Can the Brits get it together? You tell me, I'm not that close to the mindset. Although the only people I think are really happy and optimistic at the moment are the Proclaimers, who likely see a 2nd shot at Scotland independence.

Your buy in mid-10's on INFN and trade today was either great or lucky. Or both. I'm mulling the idea that Fallon perhaps doesn't know how to manage rough times. But that's not really true - when it was in the mid-single digits, he just kept building street cred by telling it straight. And I have never heard him be more bullish on growth prospects than the last CC and afterwards to date. But who knows what the news is on the 27th. If there are dark things happening, maybe it gives him a chance to wipe the slate clean, lower expectations, and then outperform. Standard protocol. If his and the COO (CTO?) buy was an honest reflection of reality, there must be huge upside, altho EU and the world as  a growth customer has a shadow over it all. So I fail to understand why CIEN, whose biggest exposure is to NA, and Amercian telecoms are making new highs in this world-risk-adverse environment, keeps getting beaten along with NOK and CIEN. And CSCO seems relatively oblivious to downside. 

Thanks for the view of EA and ATVI - I can just stop watching that for now.