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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.72-0.1%Jan 16 4:00 PM EST
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To: ggersh who wrote (3137)4/29/2010 11:03:45 AM
From: not_prudent  Read Replies (1) of 221966
 
<< I do believe Americans are spending out of lack of knowing any better.>

I'd say 80% of the folks I deal with are as tight as a tick. For a long time it was worry, pay down bills, save money, you get the idea. It still is that way only now it's an occasional movie or maybe karaoke night at the local diner where two can eat for $12 - including tip. Nothing extravagant, folks are still worried but they've got more confidence about next month where before they were worrying about today or this week.
Just my opinion, I could be wrong.
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