Learning As I Go

[MrRawlins]

The market is tired. You can tell. My reasoning. EU just said they are thinking about creating two bailout funds. Another bail out fund worth 500 billion and the market goes up to a high of 117 points or so only to lose half of its value and close slightly above 55 points. The market needs new bag holders. S&P having trouble with closing above its 200 day moving average. Interesting moves for the rest of the week. If anyone can pick up FAZ and TVIX while you can. It's a sign when VIX and S&P both close green!!!!!!!!!!
By The Way Italy is planning $40 Billion in austerity over 3 years.

BUT they have $400 Billion in debt to rollover in ONE year.

That is like trying to blow up a tank with a straw and spit balls.