You are sitting at "break even" wondering do I cash out here or let the dice roll for a bit o profit?
Look at the fundamentals. Forget about the media spin. Media is the tool of orchestrated propaganda from the very institutions that are in panic based crisis. They will never let you know what is really going on for fear you would pull all your money out of their insolvent institutions.
Europe is about to collapse. Just this morning folks talking about coming to an agreement in March 2012 as their deadline. But the system is in dire need on a week to week basis.
There is no real cure other than a brush fire devaluation of assets around the world. Germany is not going down the path of hyper inflation again...Not when they are the king of the European jungle.
I am going the other way...I am betting that the world will not sit around and watch all hell break loose...They will not let the world banking go to hell! Therefore, I am expecting an all out global effort to save the banks, all banks, in all countries!
nutshell: I am all in, they will create money out of think air to bail everyone out.