Well 13.000 was never really any resistance,
today we'll get the test of 13.000, go a bit below and Fed printing machine starts again ;-)
With yesterdays very poor figures for consumer spending for april, I would not be surprised if things get even worse in the second quarter
May and June will be big months especially as they are taking place against a the backdrop of very low economic growth
but today seems like a good buying opportunity, especially if ISM figures is above 51
Today's action
Started by
relax
, May 01 2007 02:53 AM
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