While even bear markets don't go straight down, this one has a long way to go. The market is quite oversold at the moment, but as we know the market can stay irrational a lot longer than we can stay solvent.
Greece, today. Spain tomorrow, perhaps Great Britain will become insolvent as well. All I can say is that global debt is a killer!
Like the iceberg, that is a lot below that we can't even see.
Holding short but expecting some buying to relieve the O/S condition.
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