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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.66-0.1%Jan 16 4:00 PM EST

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To: GROUND ZERO™ who wrote (3086)4/28/2010 6:11:59 PM
From: carranza2  Read Replies (1) of 222062
 
I don't understand how the markets can ignore Spain, an economy greater than Greece's by a few factors, and go on a serious slide when Greece's bonds get rated as junk.

The Spain news is not entirely unexpected, but neither was Greece's.

Looking at the big picture, it appears the EU is going to have serious problems.

I think the UK needs downgrading, Italy too.

All of that is on the way. Yet the market rallies today.

An opportunity for someone.
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