Here is an opening line on yahoo finance.
Reuters
Stocks were higher on Friday as bullish comments about Greece caused the dollar to fall, resulting in strength in commodity prices.
http://finance.yahoo.com/news/Wall-Street-higher-as-dollar-rb-1093825662.html?x=0&sec=topStories&pos=main&asset=&ccode=
This is how crazy the world markets have become.
My question would be. How do you get bullish about a country thats has debt 140% of GDP? Thats a cracker lol.
I am wondering if anything human is acutally buying. I think its bot trading that is programmed to act on fickel data to help investment banks cover short term losses.
Let me summerise this. The market is bullish because of bullish comments about Greece and anticipation about bad housing numbers that caused the usd to fall. The result is rising commodities prices.
No investor worth their salt would be buying on that news. Especially not after the last two weeks of negitive market sentiment.
This market is so screwed up, even investor psychology has gone out the window.
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