You decide but things don't look rosy. This bounce today has sacred the bejesus out of me. I've taken some cash and left the stocks that are very long term with fundamentals.
I think the DOW will tank tonight and don't want to be holding speculative stocks.
""The cost of insuring against a French default is starting to rise. The markets have started to notice the country?s dire position. It can?t be that long before the rating agencies catch up. If France does get downgraded, then it is going to be a very serious blow to the markets. Just about every bank and every bond portfolio in the world is going to take a hit. ""
http://www.marketwatch.com/story/for-next-rating-downgrade-sp-may-look-at-france-2011-08-10
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is france going to be downgraded
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