No you got it wrong Sparky: It's, "Oh, No deal reached in Europe", as always. If you've been watching, they have 'solved' the EU problem about 20 times in the past couple of years. Nothing is fixed and nothing can be fixed. The debt problem is too massive. I said yesterday FAZ was a buy below 60, and I still do. A week or so from now FAZ will be again between 65 and 75, until it really pops, when something breaks again in the EU mess. Ultimately, the goal with EU is to create a strong EU bank, with the power to print like the FED to print their way out of the problem and Germany really does not want this, so at some point the whole EU 'fix' will blow up and we will have a series of defaulting countries in Europe. Til then we will get these periodic market bounces and FAZ plunges, as the cabal spreads false rumors of the 'fix' for Greece, Etc.