Indices closed green...NICE !!!!

Indices ignored so-called experts who were in "overdrive mode" on CNBC, in telling everyone that Europeans cannot get this done.....This issue was beyond Michelle Caruso Cabrera paygrade?

S&P 500 closed @ 1242.00..next target 1256.55...next 200 DMA 1274.25 +++++

CMF @ +0.232 highest level since July 2011

Well, we have news that three important agreement is in place as listed below :

-Quadrupling of bailout funds

-50% haircut on Greek Bonds

-Banks to increase their capital by june 2012

I am sure Europeans are showing, what "leadership skills" are all about.....

Spend "no time on TV" ..spend all the time in "resolving major challenges" behind closed doors. It took few hours & quick endorsement from German Parliament..all on Wednesday......

Based on this momentous resolution, futures are as follows :

Dow UP 103

S&P 500 13

Nasdaq 21

AH Asian Markets UP

AH Oil, Gold, Silver UP

AH Canadian $ UP 46 tick, @ 99.99 US$

AH ER were greeted as follows :

V Down 2.21%

TQNT Down 16.88%

OTEX UP 5.21%

AKAM UP 12.70%

BLOG does NOT give buy or sell.

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