Tuesday, June 21, 2011

Greece is the Word - Again, As Always

Lets face it, it doesn't matter if stocks rise or fall, the reason for it is always Greece.

Seriously. The headlines write themselves. Whatever happens, just write "Market *rallies/sells off* as Greece fears *escalate/eases*."

But the bottom line is that this all seems to be happening in a news vacuum where we are waiting to see what is really happening in the US economy.

That's what I think, anyway.

Still in low beta stuff, some cash, some oil, and the SPY trade - which is amazingly close to break even.

Also still on a weight lifting break, second week in a row. Just dealing with some aches and pains. But I have been cycling every night.

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