We do not see the exact same way. -A weaker report increases the odds of more Fed action;
-Consumers have remained very resilient despite high unemployment and higher prices at the pump. That's amazing. Don't underestimate the strength ( http://www.cnbc.com/id/44311824/Consumer_Spending_Jumps_on_Strong_Car_Sales_in_July ). -And bulls have other ammo. There are plenty of catalysts during this month that could "surprise to the upside" including the President’s speech about jobs scheduled for September 8th or the regularly scheduled September Fed meeting. We may go lower early in the month, but there is every reason for the rally to resume after that. '+' 2011/9/5 Nico Jonckheere <[email protected]> > ** > > > Hanya sebagai informasi saja... > > Semoga bermanfaat! > > Nico > > >
