Friday, June 04, 2010

QUICK MARKET WRAP

I will have something more extensive up tomorrow. Of course you already big downer today...heavy volume...Dow closes under 10K SPX 1040 level is one to watch.

WED 90% downer, Thursday 90% upside....Friday? (dont have stats yet) who woulda thought an ugly Friday? As I said 90% days losing their significance.

This is a low close for the year I believe. 9931.97 Fool some of the people most of the time? not fooling the man on the street....he's living this.

Maybe the GOV should hire all the unemployed....line them all up around the Mexican border....

F....the private sector......FED governers were talking about raising rates? 0% haven't help create jobs....doing MORE harm than good.....Bear is awakening...

Duratek

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