Markets have been quiet.  If we look ahead we have budget issues in the US and Europe is still a mess.  If banks take a 60% haircut on Greece they will have to do so on Ireland Italy Span etc.  We are approaching debt exhaustion.  People pay debts until they know there is no more money coming and then they stop paying.  The only unknown factor is will the Fed buy up the stock market like it did in 2009.  Fundamentals mean nothing if the Fed is there to "juice" things up every day.  Still the trade with the best odds is to take short positions here if we see a bounce or if we see things start to break down.  As of now I am flat but looking to pull the trigger.

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