Tuesday, June 1, 2010

Don't Get Fooled

We will have ISM data coming out for May at 10:00 AM.  Don't believe the hype.  The economy was stronger last month than it is now.  Same with the nonfarm payrolls coming up on Friday.  Look through the windshield, not the rear view mirror.  I think we will be weak all day today and probably close near the lows.  Target prices are 1067 and then 1062. 

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