Buzz up! 0 Print Anne D'Innocenzio, AP Retail Writer, On Tuesday June 29, 2010, 10:08 am NEW YORK (AP) — Americans, worried about jobs and the sluggish economic recovery, had another relapse in confidence, causing a widely watched barometer to tumble in June.
The Conference Board, a private research group based in New York, said Tuesday that its Consumer Confidence Index dropped almost 10 points to 52.9, down from the revised 62.7 in May. Economists surveyed by Thomson Reuters had been expecting the reading to dip slightly to 62.8
Well, I'm hanging on short. I know we will bounce around the 1040 area again, but I think we will fall through it this time (after the bounce of course)
LOL… Let's hope so. I'd like to see 1040 break today and then capitulation tomorrow. We should hit that fake print of 100.72 spy then, or deeper? I like 990 spx even better. 🙂
Sounds good to me. Let's go up to the casper at 106.59 in the morning for the head fake, and sell off the rest of the day and tomorrow too. I'm lovin' it (a McDonald's thing) LOL
Buzz up! 0
Print
Anne D'Innocenzio, AP Retail Writer, On Tuesday June 29, 2010, 10:08 am
NEW YORK (AP) — Americans, worried about jobs and the sluggish economic recovery, had another relapse in confidence, causing a widely watched barometer to tumble in June.
The Conference Board, a private research group based in New York, said Tuesday that its Consumer Confidence Index dropped almost 10 points to 52.9, down from the revised 62.7 in May. Economists surveyed by Thomson Reuters had been expecting the reading to dip slightly to 62.8
rrman on jawizz say helge's says we close on the low today and go lower wed am. then rally.
jawizz appears to be wrong today.
do they use astrology? I have a problem with this
Wow, we're pounding hard again at that 1040 area of support, and it's only an hour into the day. Plenty of time to break it.
Well, I'm hanging on short. I know we will bounce around the 1040 area again, but I think we will fall through it this time (after the bounce of course)
Too busy trying to figure out what to do???
Were is everyone? They should be celebrating right now!
Triangle in dow jones gives a gap down
http://niftychartsandpatterns.blogspot.com/2010…
LOL… Let's hope so. I'd like to see 1040 break today and then capitulation tomorrow. We should hit that fake print of 100.72 spy then, or deeper? I like 990 spx even better. 🙂
http://reddragonleo.com/wp-content/uploads/2010…
you got saved at the last minute again what did I tell you last week that I expected Tuesday to be the big down turn
Thanks Anna,
Sounds good to me. Let's go up to the casper at 106.59 in the morning for the head fake, and sell off the rest of the day and tomorrow too. I'm lovin' it (a McDonald's thing) LOL