Yes, I think it's a good time to buy. Italy will bounce up again soon. I think the ECB is playing hardball, like with Greece, and letting bond rates rise to pressure them into accepting and implementing Austerity measures and to force a resignation from the PM. They vote tomorrow on the austerity package and they really have no choice but to say yes. Once they do the ECB will start buying bonds and they will fade from the limelight. I have a buy in on KZL at 36c but (key support) but it doesn't look like I'll get it. But I also bought at 42c, so I am not too fussed if it goes up or down right now. A market drop of 3% is little considering the 20% gain in October.
KZL Price at posting:
38.2¢ Sentiment: Buy Disclosure: Held
