28 March 2007

SnowBall


So durable goods ex defense comes out -.20%...not exactly what the bulls were hoping for and the futures drop accordingly with the $5 Dow -55, the S&P -7.50 and the Naz -12.25...bonds rally as well as gold (up $5+) and especially the Yen up almost 1% before pulling back some...crude oil stubborn above the $64.50 handle...let's see what happens...watch for negative breadth numbers to deteriorate...that should be a clue to sentiment...will BigBen come to the rescue?
Having problems posting my regular charts....
jfg.

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