Any thoughts of the U.K. sidestepping the slowdown in Europe were officially dismissed today by the indication that the U.K is indeed back in recession.  The U.K. has done an excellent job reducing government expenditures, but like it most European countries growth is a problem.

http://online.wsj.com/article/SB10001424052702304723304577365301140802744.html?mod=WSJ_hp_LEFTWhatsNewsCollection

INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.