Many of you may be asking yourself, “what’s changed since last week with the EU bailout?” One would think there would surely be some sort of news or development concerning the exact structure of this plan, rumored to be a sovereign debt backstop of $1 trillion USD. Is there surely some plan moving forward?

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A modest trader is a sharp trader and we at Diamond Slice maintain our short strategy, despite the rally extension in U.S. equities . Fundamental economic data continues to show that the broad economy continues to decline despite government stimulus efforts to increase consumers' ability to purchase goods. The home purchase program is extremely attractive
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