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.
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