Hopium in Wide Supply Today as Markets Did Not Crash

The markets managed to hold their ground today as rumors swirled of a plan to create a master plan. An ECB official did give hope when he stated the ECB is considering direct bank recapitalization. Also the markets may be waiting to see what the clam says on Thursday.

DOW down 17

S&P up .13

NASDAQ up 19

Gold down $0.70

the 10 year sits @ 1.49%

Oil up $0.95

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