AS I Post DOw UP 30, so one could argue we have makings of more upside, I mean we arent giving it back.....hope springs....
OIL and gold are crashing, gas prices coming down...what more do we want?
They didnt mention heating costs may DOUBLE this winter? They didnt mention credit is still tightening? They didnt mention home prices are still falling?
Many price increases are IN books, many more a done deal coming over next few months.
Financials not sold as much last week, but not much rally wither, and after ALL the FED has done.....FNM ONLY pennies above alltime lows.
ANd SPREADS WIDE.....close to BSC days.....and all FED has done....HOME LOAN RATES HAVE BEEN RISING........who leads who?
Down lurking under 2000 top near 11,750 dont know if that is important...US $$ is near what I thinkk MAJOR Resistance around 78....beaten to snot gold might get a repireve but serious TA damage done here......is the commodity bull in hibernation?
D
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