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[Islander]

SPX stopped just short of the 200day MA. If it falls below I will short the SP5. I think much lower very quickly. I think there is much concern in the Fed and Treasury that Greece is a harbinger of things to come if the Congress and the White House can not agree to do something substantial to remove the USA, its debt, and the "reserve" currency from the list of casualities of a social disease where whole societies and their economies, and governments, are insane. Think of it. We may be an island of sanity; will, many of us anyway. Best, Islander