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Sunday, August 16, 2009

Nikkei Opens Lower On Monday

Yes, a new week, and it is time to get back to...something.

The stock market is the game. Right now, the players have squeezed the living beegeesus out of corporate reports and a continued chorus of recession over overture.

The last drop was wrung out last Thursday because Friday ran on empty once again.

You can't say the recession is over just one day of the week and expect the stock market to be compliant. It has to be told its over, many many times and each and every day.

Its like someone you love. You say I love you every day or else, they might think its over, the last I love you from August 8 does not cover you now.

So the stock market is back in a panic. Is it over, is it really over, prove it to me or I'm leaving...
"The markets are going to be looking at what kind of signal we're getting on the consumer sector. Because of high unemployment and the high savings rate, there are (worries) that consumer spending is going to be weak..." source
Reuters: Japan's Nikkei falls 0.7 pct, dented by exporters
...after weak U.S. consumer sentiment data fueled concerns about the strength of any economic recovery.

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