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gym gravity

11/24/09 11:45 AM

#620 RE: gym gravity #618

there you go, sentiment improving...all head and shoulders are erased...higher recent highs on naz, s&p and dow...dollar tested lows again today.

recipe for continued USD carry trade and further market updraft. Blow off top? Parabola? Follow gold.

10:00 am : Stock futures have made an abrupt, though modest, rebound on better-than-expected consumer confidence data. Just ahead of "Black Friday," which immediately follows Thanksgiving and is considered one of the busiest days for retailers, the November Consumer Confidence Index came in at 49.5. That was better than the 47.5 that was widely expected, but down from the 48.7 that had been posted in October.