Friday, August 21, 2009
Unemployment Rates Rose in 26 US States in July
Unemployment Rates Rose in 26 US States in July (link)
Jobless recovery? Don't bet on it...
1044 is our line in the sand folks, the rally has been pushed out to 6 months from March lows, September 7th is now the top near 1044 on S&P. Expect minor pullback from these levels and then up to 1044 by September 7th.
Guess what labour day is September 7th, this is when the big boys come back from their summer vacations, this is when the major trend (down) will commence, this is still a bear market folks.