Wall Street fell for a third day Tuesday on fears that Europe still is failing to tackle its debt crisis. However, European markets are rallying strongly this morning on news that German courts have rejected a suit that would block Germany from contributing to the Greek bailout plan.
Markets Looking at Short-Term Bounce
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Over the past two months or so, your Bull Market Alert picks have become much more short-term bets. You saw this in the case of Arcos Dorados Holdings Inc.(ARCO), which you exited on Sept. 1, after gaining 15.29% in the stock and 130% in the options in just eight trading days.
Toyota Motor Corp. (TM) hit our $69 stop price this morning to cause us to exit this position with a loss. This bet on a Japanese recovery from catastrophes that took pa
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