Boy that's fast.......Yesterday I posted:
"By the way, the expected market upswing today (yesterday now) is called "Greece rescue, Euro zone capital injection - version 51".
We are now barely 24 hours from yesterday's pump, we are now looking at a dump. It should be named "Greece default version 52". That's quick, and Greece is in trouble again - in less than one day, no less.
This market is starting to look more and more like a casino roullette wheel. There is no correlation between what happened in the last spin and this spin. Even though I noticed that people do chart numbers that roulettle wheels churn out. Maybe these same people can do better than we do with the TSX. LOL.
I'm pretty close to doing the unthinkable of clearing out all my positions an hold 100% cash. In this evironment, cash is perhaps the only safe heaven.