Market Direction, anyone?

Lots of volatility. Lots of UP and lots more DOWN. So unpredictable, isn't it (the market)?

Well, early this year most wouldn't imagine what we experienced this August. It's as if we are re-living the days of fallout from Lehman and AIG back in 2008.

Where do we go from here? A Greek hard default seems inevitable. But a resulting credit crunch? I find the articles below worth a thought or two.

Economist- The sovereign-debt crisis constricting the flow of money to Europe's banks

WSJ- Bail out Greece or its Banks

CNBC- Heading for another Liquidity Crunch?

Unlikely now. Seems unthinkable. Maybe; maybe not?