A diary of the thought process behind my investment decisions
Point Of Recognition Or Healthy Retest
Europe tried to kick the can down the road but the market is not buying it. Solving a debt crisis with more debt does not work. The question is when the market notices this. The US did the same thing nearly 18 months ago and the market has still not called out the US. Is this a healthy retest of last weeks low or is the end game here? I believe the market will bounce but am less sure when the market will choke on the mountain of debt. Have a great weekend.