All we’ve done is postpone the problems:
Even though one of the worst scenarios — a Greek default — has been avoided for now, in many ways solving the bigger problems have simply been postponed and new issues could emerge in places such as Portugal and Spain,
said Nagayuki Yamagishi, a strategist at Mitsubishi UFJ Morgan Stanley Securities. Read the whole story, Germany Backs Euro Package as Markets Sober Up.
Do any of you use Twitter or StockTwits to keep up with trader sentiment during the day? This morning these 3 tweets popped up all at the same moment this morning, all looking at the same ES S&P e-mini futures:
midget : $ES_F another CRASH coming along be cautious
Scalper68 : so, anyone buying this gap $ES_F
desifinance : $ES_F futures are deceivingly negative this am. I think we are in for a ride. Push down early followed by buying.
That pretty much covers the gamut of thinking….from crash to a move up! By the way, desifinance had the right prediction.
And also, don’t forget to follow me, WhatTheTrading, at Twitter or StockTwits.
Some interesting stuff for your web surfing pleasure:
The forthcoming golden age of stock picking




Sometimes, entranced by the screens, watching equities, options and futures change colors, charts moving in a wave, and indicators pointing in every direction, I just have to scream....




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