Market Sells Off on news of Greek Dept Downgrade

The market declined sharply on Tuesday following reports of credit-rating downgrades from Standard & Poors on Greece and Portugal. Greek sovereign debt is cut to junk status. The Dow Jones Industrial Average dropped 213.04 points.

The sell off brought us pretty close to our stop-loss trigger points.

Smart Stops for 4/28/10 are set as follows:

If the above short-term ETF prices are breached, the affected positions will be sold, limiting

further downside risks.

I highly recommend that you view the following short video on SmartStops.

Click on the link below to view short video on

why Smart Stops are so effective

and how they work.

http://www.youtube.com/watch?v=uZRpngZRU9M