Wall Street sinks as Greek fears rise; more losses eyed -
Posted on June 16, 2011 at 00:23 AM EDT

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Stocks tumbled on Wednesday, driven lower by escalating Greek debt woes, while troubling U.S. data pointed to further losses ahead.

Financials came under fire after Moody's Investors Service said it may cut the credit ratings of French banks, citing exposure to Greek debt.

U.S. data showed the U.S. economy is facing a troubling mix of higher prices and weak growth.

The Dow Jones industrial average .DJI dropped 178.84 points, or 1.48 percent, to 11,897.27. The Standard & Poor's 500 Index .SPX lost 22.45 points, or 1.74 percent, to 1,265.42. The Nasdaq Composite Index .IXIC slid 47.26 points, or 1.76 percent, to 2,631.46. (commentary & photo courtesy of Reuters)

SRTY, the Ultra-short R2000 fund came roaring back today. The rest of the holdings turned in a losing performance. So net result was a losing day, but nothing anywhere close to the overall market indices.

No RSI buy signals today.

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