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Bob Brinker mentions that there are short term corrections in the normal market recovery.

Would he consider the European Debt issues part of a short term correction ?

Math999man
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No. of Recommendations: 1
Bob Brinker mentions that there are short term corrections in the normal market recovery.

Would he consider the European Debt issues part of a short term correction ?


Math999man, I don't claim to know what Bob Brinker thinks, but I think you are mixing two events here.

1. The weeks old and still ongoing European (Greece) problem.
and
2. The short lived 1000 point dip the Dow Jones Industrial Average took on Thursday.
http://www.google.com/finance?q=INDEXDJX%3A.DJI

The two may indeed be related since Greece's debt problems are just the tip of the European iceberg. All of the PIGS (Portugal, Italy, Greece & Spain) have high debt.
http://en.wikipedia.org/wiki/PIGS_(economics)
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