One day last week the news was Greece debt crisis was adverted and when everyone woke up and heard this news they immediately called their brokers screaming Buy, Buy, Buy!!!!
Now we are told these very same people who were so excited last week now upon hearing (apparently for the 1st time) that Italy has debt problems they are immediately calling their brokers screaming Sell, Sell, Sell!!!!
uuummmmmm, make perfect sense to me
Yesterday Greece, today Italy, tomorrow Spain.
Eventually Germany as they can’t afford Greece, Spain, and Italy’s debts either.