Update- Just checked the news- and Greece made a deal and accepted austerity- fine.
I noticed the Dow is up.
The reason the Chinese market was [is?] in a free fall is because people buying stocks were caught up- sort of like gambling-
And even though all the signs pointed to problems- yet- they just couldn’t ‘help themselves’.
If the Dow was ever ‘overpriced’- it is now.
If there was ever a time where the global outlook looked bad-
It is now.
Yet- like the Chinese- ‘we can’t help it’.
If we close the year- without a major correction [or free fall] I would be surprised.
Note- Do me a favor, those who read/like the posts- re-post them on other sites as well as the site you read them on. Thanks- John..#