Wednesday, January 3, 2007

ISM Rebounds

The bounce back to 51.4 in manufacturing is allowing the bulls to turn the after burners on. I am hobbled today by a very bad cold. Since I am on anti rejection meds from my 2005 kidney transplant, these little colds can turn into difficult problems so I am laying low, but will still post from time to time today.

Another positive is crude.. falling below $60 today... clearly in on going breakdown mode.

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