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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: fred woodall who wrote (34758)7/11/2012 11:20:01 AM
From: GROUND ZERO™  Read Replies (2) of 222044
 
Shortly after 4:30 AM this morning, Spain's Prime Minister announced tax increases and spending cuts to fix their problem. This action totaled 65 billion euros to cover the problem during the next two-and-a-half years. While this has a short term positive appearance, it does increase their risk for having a deeper recession down the road.

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