ORIONS Money Stocks

[matt24d]

I agree but sooner or later the markets have to start paying attention to the good news out of the US. Plus corporate earnings have been pretty good. We have got nice earnings and guidance from the likes of NIKE, CAT, Walmart, and many other retailers and tech. Nike, CAT and walmart are great indicators on how the global growth is doing. INTC has great earnings with nice guidance. CSCO just had nice numbers with good guidance. This EU issue will have its drags on our markets but like I said we can only ignore the good news over here for so long. This is why I am buying these dips in my fav names. If the markets take them down it does not take away from the fact they had good earnings and are showing very nice growth. If you want my honest opinion I think these EU issues are setting up this market for a huge Rally. We keep going down with just a whisper of bad news. This market is creating some serious value and as soon as we get some real resolution out of the EU this market rallys hard. Could be in a month or 6 months that I could not tell you but the markets will react HARD to the upside with a resolution. I think either way its a win. If greece gets the bailout set in stone the markets rally. I think even if greece defaults this sets up a market rally. It gets all the questions out of the way at that point and the markets go higher on the good US data.