Flat to down day with a little late pop into the close. All eyes are on the Greek situation.
Earnings were a disappointment especially with GOOG but IBM carried the Dow Jones Industrials higher.
I think we are nearing a short to intermediate term top in stocks. \
The SP could have as much as 20 points left, but we'll look at the VIX to signal a top and reversal if there is one.
This is a difficult call because the monetary and sovereign debt considerations are somewhat exogenous and may trump the slowing economy.
But even with the pumping the market looks tired.
I increased the short weighting in the long bullion - short stocks pair trade into the closing rally.
