Monday, February 06, 2012

Blame Today on Greece, Not Wes Welker

Back to your regular program today: Blame the market jitters on Greece! But how bad was today? The market broke down at the open, but then spent the rest of the day trending upwards and closing near flat. Heck, I was watching SPY at the close and it even flickered green a bit!

After a huge week and a huge Friday, the market held up well today.

Meanwhile, everyone is looking at Greece to cut spending and such. You know the drill. Talks were suspended on Monday, and scheduled to resume on Tuesday. I wonder what would happen if Greece actually got their act together and a final deal was announced? Imagine that news flow out of the picture. We could actually move on to something like "War with Iran" worries or something!

posted from Bloggeroid

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