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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (14436)	8/20/2008 1:55:21 PM
From: Smiling Bob	Read Replies (1) \| Respond to of 19257

DOW 11386 This is tops for rest of day Mkt is tired, wounded and Fanny's about to keel over Despite usually seeing morning strength eventually carried through to the close, today will be different Revising close to just below unchanged to -25 That's more palatable.

To: Smiling Bob who wrote (14436)	8/21/2008 9:57:57 AM
From: Smiling Bob	Respond to of 19257

Futures improved quite a bit immediately after this release, much like last week and how they've often done of late. This time, it the spark didn't catch on. It's getting harder and harder to convince anyone there's a turnaround in sight. Mkt blowoff coming Could very well be Monday If we don't get green by 11(don't think we will), we could be looking at another drop of 200-250 today 11365 --- Jobless claims fall for second straight week Thursday August 21, 9:09 am ET By Christopher S. Rugaber, AP Business Writer Jobless claims fall for second consecutive week, after hitting 6-year high WASHINGTON (AP) -- The number of newly laid-off workers seeking unemployment benefits fell more than expected last week, the second straight drop from a six-year high, according to government data released Thursday. ADVERTISEMENT The Labor Department reported that applications for jobless benefits dropped to 432,000, down by 13,000 from the previous week. It was a bigger improvement than analysts expected.