### Comment:
Its all going downward in the medium term as argentina approaches default. Most liquid assets are Banks, GGAL being the main paper. You also have YPF, the national Oil company. 
  
 All banks were downgraded this week. My interpretation is that its a bounce from going down 70% in the last 4 weeks.

### REPLY:
You mean these past few days have been a bounce for stocks like GGAL pulling back up, but they’re going to continue going down for the near future?

### END.