Greece is Over.. look towards 2013 and beyond

It is almost certain Greece will receive the bailout monies from other Eurozone countries and the IMF.

Details aside, the stock markets are rallying in the sense of relief since January, on relatively better economic data and the subsiding fears of a Euro messy breakup. And probably in view of the coming elections in France and United States.

Does this mean that it's time to celebrate? And move aggressively into equities, small caps??

Prsonal view is that the fundamental issues of addressing growth in the Eurozone have been shelved in view of the seemingly successful near term rescue efforts. I'm afraid 'kicking the can down the road' will only postpone the 'pain' which will return to haunt us in the future (2013, 14??).

I'll opt for a 50-50 asset allocation, in the meantime. Just to play safe. Or buy REITS and dividend stocks during the expected near term pullback (say STI in the buy zone of 2850-2900).

Jim Rogers expressed his reservations on 2013 and 2014.
You can view his CNBC interview at http://video.cnbc.com/gallery/?video=3000073700.