Greeks Solvent for Now

The Greek deal for the $130 billion Euro bailout is finally in place to avoid an unsightly default in March.  Questions linger, however, as to what will happen when the next deadline occurs.  With all the belt tightening measures including reducing services and the minimum wage structure, the Greek economy has little chance of growing.  The Dow Jones was in rally mode this morning and climbed all the way up to the 13,000 level before cooler heads prevailed.  The Dow closed up 15 points.