An early morning bull trap was delivered yesterday which we which we were fully prepared for and profit taking came in immediately. Greece is still in the Euro however don't let this news item mask why the markets have been rising. Its all based on the expectation of stimulus and it is just that.... expectation. We have the FOMC meeting tomorrow and investors will be watching this closely. The market could easily retest the lows and below if the market is not assured stimulus will actually be delivered.
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