Ok. Inceptus, but if you look the graphs, the act simultane. I must say Oslo take full advance of all this by trading down to 15,60NOK. Creditmarkets are frozen, but by putting higher rents on greek bonds, they just make it more difficult for them to pay. G7 meets and I'm sure they support, so some funds gets real cheap shares/assets:

Bull Market Intact for Biggest U.S. Equity Managers After Drop



By Whitney Kisling and Lynn Thomasson

May 7 (Bloomberg) -- The biggest U.S. fund managers say the bull market in stocks should weather Europe’s widening sovereign debt crisis even as it spurs the largest surge in volatility since the collapse of Lehman Brothers Holdings Inc.

While equities may post more losses as countries from Greece to Spain struggle to cut deficits, managers at Birinyi Associates Inc. and First Citizens BancShares Inc. say declines are a buying opportunity. The biggest one-day retreat since April 2009 has made American stocks more attractive by reducing valuations as the economy and corporate profits recover, said Thomas Lee, chief U.S. equity strategist at JPMorgan Chase & Co.

“The fundamentals are intact,” said Stephen Wood, who helps manage $176 billion as chief market strategist for Russell Investments in New York. “This is going to be messy. It’s going to be a grinding slog of an environment.”

The Dow Jones Industrial Average fell almost 1,000 points in intraday trading yesterday, the biggest decline since the 1987 crash. While the gauge trimmed its drop to close down 3.2 percent, speculators have boosted bets that stock-market volatility will remain wider than average. U.S. stock index futures were little changed at 8:35 a.m. London time.

Birinyi Associates, the research and money-management firm founded by Laszlo Birinyi, bought shares during the rout on speculation the losses were overdone. The firm reiterated its forecast for the Standard & Poor’s 500 Index to climb 17 percent to 1,325 this year. The benchmark gauge for U.S. equities slid 3.2 percent to 1,128.15 percent yesterday.

http://www.bloomberg.com/apps/news?pid=20601087&sid=al4ChaucitFw&pos=3