folks, we have continuing volatility inspite of clear signs of inflation..if CPI yesterday was bad, what makes the street think that a significant drop in claims is not inflationary ? more people working is inflationary, especially the healthcare side of the ledger. i believe the boyz need to distribute the booty collected yesterday, bring this upto SPX 1163 or thereabouts before resuming the intermediate trend..which i believe is down...
ek