Slippin' on the Greece? No, No, No, No!

No slipping on the Greece in this little rally~!  Yes, seems even Greece, trying to throw a monkey wrench into the works, doesn't get in the way of this trend.  Yea, that's right.  Think about it.  I've said it before, Greece is gonna default!!  Arrogant little pisser.  The odds favor it.  So that is already baked into the pie folks.  Baked in, Priced in, Soon to become reality.  Count on it~  It may cause a minor blip when it happens, but I don't see more than that being caused by the eventual Slip on the Greece.

Friday's good news on the employment figures are giving us a really big heads up.  So PAY ATTENTION!  We need continued good news on that front, but I have this feeling that it is coming.  It will be a slow but sure move up, and a continued move up from here.  That's what we need to sustain the rally.

The charts are still ....... lookin' good!!  Buy or add to on pullbacks for now, as all systems are "GO"!  Below are the Daily DIA and the Daily SPY.  I added the SPY just to illustrate the inverted head and shoulders noted in a previous post before the breakout the first of January.  This is an important pattern to learn and understand.  (See 12/22/11 post titled "Bullish Inverse Head And Shoulders Alert")


CURRENT MARKET TRENDS
Short Term (Daily Chart) – UP
Medium Term (3 day chart) – UP
Long Term (Weekly Chart) – UP