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European Debt Crisis Halts Market Rally In Its Tracks

This morning, the S&P 500 Index e-mini futures (ES Z1) are trading lower by 20.00 points to 1191.75 per contract. The catalyst for the decline before the opening bell is once again the problems in the Greece and the rest of the European Union. Last week, the major stock indexes all rallied higher, staging a five day winning streak, however, that was options expiration week which is a time for the large institutions to take the market against the small retail investor. In other words, if the small retail investor was thinking lower last week, the institutions took it the opposite way.    ....Full video