Markets are flat this morning.  We notched up our buy orders by $0.50.  S&P closed above 1,300 yesterday which is bullish.  But, the horrors of Europe still linger.  Greece will be defaulting any day.  Although this event is include in the market Psyche already, I still believe it will impact the markets.

Yesterday was no fun.  We were 100% in cash and the market closed up approximately 100 points.  I am still skeptical.  We will keep our powder dry and see what happens.

I am reading a book by Les Masonson about when to enter and exit the market using various indicators.  He definitely does not believe in buy and hold.   I guess Jack Bogle, Warren Buffet, and Benjamin Graham are sighing in disbelief.  I will let you know what I think about it.