RIDDLE ME THIS!

BRIEFING.COM ECONOMIC DATA

Inflationary pressures creeping into the PPI. (notice bonds are doing NOTHING based on this )

Industrial production declines.

Factory capacity rates decline.

LET CNBC and Wall Street hype the economy. WAs 30% of jobs from manufacturing now only 11% !

We are not prepared for NEW ECONOMY, men less than woman as far as education, as men dominated manufacturing jobs.

BULK of earnings came from energy companies in SPX, now with falling OIL and I showed you XOM chart, I think expectations are TOO high for earnings going forward.

The market HOWEVER does NOT look backward, only forward and discounts the future.

Watch closely the action of commodities and bonds. and see also if 10K on the Dow gets challenged again, a FALL thru that level (why PPT is protecting it with manipualtion) should bring intensive selling.

As did WEAK WEAK volume yesterday, the rallies look contrived and shallow.

You with me?

Duratek