Moving Back In

Greece is denying that they want to abandon the Euro. Where there is smoke there is fire, but I take this to mean that there is nothing imminent this weekend. Eventually, Greece will default but one could have said that a a year ago and missed out on a lot of gains.

From a trading perspective I believe the market is set up for gains barring a Greek default. As such, I have decided to buy back the SPY I sold, but am not repurchasing the other positions I sold. Have a great weekend.

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