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Strategies & Market Trends : Classic TA Workplace
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To: AllansAlias who wrote (13361)9/13/2001 11:18:35 AM
From: Ken98  Read Replies (2) of 209892
 
Allan, the sharp drop in consumer confidence reported this morning would appear to make a push to new highs difficult:

<<10:05am 09/13/01 UMICH SEPT. CURRENT CONDITIONS FALLS TO 93.5 FROM 101.2

10:04am 09/13/01 UMICH CONSUMER SENTIMENT INDEX AT LOWEST SINCE 1993

10:05am 09/13/01 UMICH EXPECTATIONS INDEX FALLS TO 77.2 FROM 85.2>>

<<9:50am 09/13/01 UMICH SEPT CONSUMER CONFIDENCE 83.6 VS 91.5 - BLOOMBERG >>

I wonder what the effect of the bombing will be on these numbers - you could make an cogent argument either way. Ken
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