Friday, June 03, 2011

SPX TRADING ZONE

1294 not taken out, stocks reversed after coming close at 1297. Blue support and red line resistance as I see it.
Heard some numnuts on CNBS at 3:30 babbling about how only SMALL percent of economy doing poorly....unemployment report didnt matter......where do they dig up these boobs?

Name me another time in history where 2.5 years into "recovery" where SUCH DRASTIC measures have been taken to re bubblize assets....and the deflated asset housing is DOA and 9.1% unemployment......

D

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