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To: IHateSourCream who wrote (14)	5/27/2005 8:44:38 AM
From: Kevin	Read Replies (1) \| Respond to of 37

Good morning- Personal Inc came in as expected at .7% Personal Spending came in under the estimate of .8% at .6%, HOWEVER last month was revised upwards from .6% to .9%. I think these numbers look good for an early rally. Consumer spending is a large component of the growth/stability of our economy. Combine that with growth in personal income and we are looking at an economy that is expanding, without many signs of inflation. Naz futures are up a couple points so far. -K

To: IHateSourCream who wrote (14)	5/27/2005 10:39:26 AM
From: Kevin	Read Replies (2) \| Respond to of 37

Assuming an early rally -- I'll likely participate. Let's hope it unfolds as planned! :-) Never got the early rally, so I never shorted the QQQQs for a short ride. The good news is that not only has the 38.02 support level held so far, but this slightly negative market (almost flat) is also allowing the technicals to cool-off a bit...possibly setting the stage for another positive week next week (though there are a lot of eco stats coming out that could impact/change the entire picture). -K