VOLATILITY

The volatility in the market is likely to continue over the next few days. We could end up seeing some strong moves up and down as the bulls and bears battle for the next market direction. The rally on Thursday made the sharp correction down less likely as it showed that the bulls weren't just going to lie down and let the market fall without a fight. If the market decides to move back and forth over the next few days, that will become the correction. The numbers being thrown out right now to help Greece are just that...numbers. There could be a lot more to the actual implementation of that aide...especially when you consider that Portugal, Spain, Italy, and possibly Ireland and others will be standing in line with their hands out expecting the same type of bailout. They can't bail them all out without having some sort of consequence. Look for that to be the bad news that comes out after this so called good news. This is the pattern you might expect over the next few days. What appears to be good news that is then followed by bad news....and so forth.