Market Volatility Continues - This Week Upside , Next Week?

With the markets in a wild trading range over the past 5 weeks, the equity markets moved up about 5% this week. I believe this was only the second up week in the last 8. US Treasury Secretary Geithner went to Poland and tried to push the EU to get in front of the Eurozone's financial problems. Whether his nudge works, remains to be seen.

At times, it seems like the cycle will not end. One day the financial world is in a panic as Europe's sovereign debt problem pops up and cause problems in the financial markets. And the next the markets soar as the EU applies some type of temporary band aid solution. At some point something has to give. Some times it takes a crisis for governments to move. In 2008, after the TARP was voted down the Dow lost about 700 points. Maybe Europe needs something similar - a real crisis to force real action.