The collision of global markets and social mood

Wednesday, January 19, 2011

Maybe Time For A Rest?

I awake to find that Greece is up 3% amid talk that the German government is considering plans to restructure Greek debt. Maybe that's why most of the rest of Europe is down.

There was a double top during the S&P overnight session. 1296.25 is the new overnight high. The market may rest for a bit. I see it vulnerable down to the 1277 area (futures). Maybe there is a slight new high today beforehand, but I think the result will be the same.

I will only be in front of the screens until 10:30 or so, after which I will be off for the rest of the day. Going to see my dental hygienist today. Most people dread going to the dentist. Not me. I dread being away from work unless I'm on vacation.

No comments:

Post a Comment