Saturday, June 27, 2015

A Greek Induced Correction?

It appears a Greek default is the most likely outcome next week.

The current bull market is getting a bit tired, but it keeps going up.   Perhaps the impending Greek default will be the event that causes the market to have its first correction since 2011.

Or will buyers on the dip prevent the correction from happening?  Hard to say.

My plan is to make partial purchases of my buy list during the initial drop, and wait before making additional purchases.

For more on Reflections and Musings, check back Saturdays for a new segment.

This is not financial advice. Please consult a professional advisor.

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1 comment:

carolinateach said...

Greece will not default. The EU can't allow it and remain a viable entity. That would be like America allowing a state to default.

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