View Single Post
Old 08-13-2009, 12:49 PM   #1995
1.7El_guy
I don't get it
 
Join Date: Mar 2003
Location: vancouver
Posts: 416
Thanked 22 Times in 5 Posts
Failed 0 Times in 0 Posts
Quote:
Originally Posted by Carl Johnson View Post
Like I said the shorts are still going to get run over. Too much talk about this 5 - 8% correction makes me think either we get a very minor one or we got a normal correction which could takes us down to the 920 - 930 area but so far it doesn't look like it's going to happen. If retails sales coming in as expected or better I can see FAZ down a good 3 - 4% pre-market.
retail sales was down (even with the clunker program), intial claims up, foreclosures up...markets up...what does that mean?
1.7El_guy is offline   Reply With Quote