wednesday wonderwall waterfall, page-48

starbust,

Crash or correction? I vote for correction!

In Europe: The EEC will not let any EEC member default on any loan. Banks will be very happy very soon.

In the US, consumer spending increased by 0.2% in May, following a flat period during the previous month. Disposable income is increasing at a faster rate than spending, meaning consumers are saving. Manufacturing activity remains in expansion mode. Expect to see some good news on the employment front in coming months.

In China: just look at the SSE. The world drops 2-5%. The SSE drops 0.5%. (Most likely will close up.)

So what's the problem? Nothing!

The market is manipulative.

cheers...