Tuesday, May 10, 2011
Greece, Drop Dread
Today's rumors and subsequent denials over another bailout for Greece have left a gaping hole in my account and I will be taking some time off to see if this situation cools off. It certainly isn't fun or profitable to trade while politicians are constantly on the wires trying to micromanage expectations of their electorate and/or financial markets. A week's worth of hard work has been flushed down the tubes and I am in no mood to try to anticipate what foolish idea politicians come up with next (only to deny it seconds later) so I am taking some time off.