there's still the referendum vote by the greeks. (yes, we want to stay and no, we are on our own) i get that the overall feeling that europe needs/wants to keep greece in but there's no way they can make up the payments. the euro folks haven't said default, they said greece was in arrears. that language leads me to believe they are still trying to work something out. i know that greece has defaulted but sunday is the end game. then tuesday is going to be something.
im gonna be out by friday, unless something dramatic happens with greece before friday. on sunday the word will come down and tuesday the mkt is going to react. i think badly. then you got puerto rico, iran talks, just too much potentially bad news... and everyone has been wanting this mkt to go down. my fb experience has shown me that fb trades with the market and news. so i'm thinking bad mkt news in the next few weeks.