With the Greek giving their bond holders a dose of reality, the crisis there seems to have slowed to a trickle. At some point, the Euros will have to come to grips with their cycle of spending, but, for now, they seemed to have held things off. For our market, this really removes a big part of the boogey man that had hung over US Equities for 6 straight months. The saw was, “if the Euros get it together, we will rally back.” And we did, and here we are with the market player looking at each other wondering where to go. As of today, it looks like we go higher, slower.
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