UNEMPLOYMENT RATE VAULTS TO 6.5%

http://briefing.com/Investor/Public/Calendars/EconomicCalendar.htm

10 straight months of job losses, HUGE downard revision to Sept unempoyment #'s, 240K losses AM report, jump in unemployment rate from 6.1% to 6.5% all painting a BLEAK employment picture....and pointing to the all important XMAS shopping season where MOST retailers go from RED INK to BLACK.

If you didnt think my call to hunker down was right weeks, months ago, how about now?

IMHO this continuing weak data points to the "probability" of probing the lows..... market could rally here too, but I just don't think it can sustain a move, have enough buying coming in to sustain it.

D