Thread: Pick The Dow
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Old 07-17-2006, 12:48 PM
bazanster2 bazanster2 is offline
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Join Date: Jul 2001
Posts: 5,585
Default Pick The Dow

BG,

Lots of bad news starting out the week.
Empire Report off considerably below expectations.
Generally traders would take this as a reason for the FED not to
raise rates but lately, traders veiw it as a signs of a slowing economy.
This news seem to have little impact. Consider that a bad sign.
Lots of earnings news, this should be bullish and provide some support.

Have to go with DOWN on Monday.

gk,

baz
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