RE: 200 day averageThe markets have already factored in a worst case scenario, and that, IMHO, is the only thing that has kept this stock down at these levels. As there has been already, there will be hand-wringing but I doubt the global players will let Italy go completely haywire because it is too big to fail, even if Germany has to reluctantly tell the ECB to act and/or China, Russia, Brazil and Japan kick in something into the pot.