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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (91558)11/24/2009 8:10:27 AM
From: fred woodall  Read Replies (2) | Respond to of 94695
 
Lot of economic data this morning. Second look at 3Q GDP due at 8:30am, looking for revision down to
2.8% from initial 3.5% report.

Case-Shiller Sept home price index due at
9:00am;

Richmond Fed's Nov. manufacturing survey, and Conference Board's Novconsumer confidence reading both set for 10:00am.

FOMC minutes from early Nov
meeting due for release at 2:00pm ET.

Then there is the dollar. It drop 2 cents the market will rally 3%. Starts to move up more than 3 cents CNBC will start using the "bubble" word. Of course all this could happen once, twice even three times in one trading session. Of course when you think you have a handle on all that stuff GS shows up and ejaculate the market higher.