Thursday, April 8, 2010

More Greece Fears

This is the storyline that never goes away.  How many times will we hear about Greece debt?  Greece is ONE thing that I doubt will crash this market.  Its got to something less expected, maybe a Spain meltdown or Fed raising rates.  I think we'll bottom in the morning and go right back up to finish strong, filling the gap and going positive on the day. 

5 comments:

Petsamo said...

Just like yesterday, I expect the US to duplicate what the DAX does.

Anonymous said...

What about new highs? see that in the near future? or too early to say?

Market Owl said...

Too early to say, I think we'll float around the 1170-1185 level for at least a few more days.

Anonymous said...

When does earnings season start dawg?

Market Owl said...

Next week