SPDR S&P 500 (SPY): The govt jobs were lost because of end o...

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Friday, 08/06/2010 12:08:34 PM

Friday, August 06, 2010 12:08:34 PM

The govt jobs were lost because of end of census and the private job creation is mediocre. US needs to create 150k jobs each month not a loss of 130k each month. This is sad, the stimulus package isn't working. Right now OEX has broken S2, there will be more selling...the first line of up trend has been broken and will see how it closes.

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