Strong market for US, S&P 500 keeping at the level of 1349.95 while Dow is 12883.95. Even the politicians did not make any agreement on the issue of austerity plan, EURO stayed so strong at the level above 1.3230. It seems that market have confidence that Greece will come up with an agreement. IMO, no more shorting in the coming 12 hours. Even the market have price in the factor that Greece will come out an agreement, I don't think the market is going to drop after the official agreement, which shall be released in the coming hours.
Thanks
Paul
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