We had relatively good news today but we are tanking. I can't see the news getting any better any time soon, IMO. Anyone know of any market indicators we could expect to be positive on the market? LOL! Maybe in December when we find out it's not as bad as what Goldman Sachs would have us believe with retail spending up.
Even IBM can't break the bear hold. Now that's scary.
One more thought. Airlines are suffering now due to high cost of fuel. BUT, you can still get cheap airline tickets. I saw $99 one way to NY from Atlanta last week which is cheap. Wouldn't the high fuel costs drive people to fly rather than drive for long trips? I wonder if there is a miss here. Thoughts?