Yesterday's tweeting activity

I was dumbfounded yesterday when the Dow was up 145 points after the bailout of Greece by the IMF and a consortium of European countries was announced. In response, yesterday evening I posted:

When will markets realize that already indebted euro countries are piling more
leverage on their house of cards to save it one more day?

Well, I received a startingly quick answer. Today, in fact, is when the markets are becoming aware of the tenuous position that the Euro-zone have placed themselves in. With the Dow and the S&P 500 off roughly 2% as of this writing (11 AM) and the euro plunging below $1.31, Bloomberg reports that debt contagion concern is to blame.