Look at China's trade numbers, 2% instead of 9%
Look at all the layoffs, Citigroup just laid off 11,000, Wall Street banks laid off 50,000
The employment numbers are fudged, they never just give us the numbers
Spending has slowed. New York laying off teachers. Cuts cuts cuts.
$70 trillion entitlements being trimmed, folks cutting back on spending.
We bounced back to the 50 dma and are poised to crash.
This is what it always does, it goes up to the previous day's high. The computers "think" that way? Then it sells off from there. The computers want to buy themselves new microprocessors and memory for X-mas. Next year they will build out their networks to take over your kitchen appliances and take over control of all automobiles. That would be a funny movie, or scary movie.