Sunday, December 2, 2007

Greetings From Iowa

For Monday:

Due to weather conditions I am updating the blog from a little motel in Harlan, IA.

We've got a little bullish reaction to the speculation that the Fed will cut rates during the upcoming meeting on the 11th - till then I expect will climb higher in the emini S&P - But long term I'm bearish.

Monday Reports:
ISM Mfg Index 10:00ET
Motor Vehicle Sales 4:00ET

Pivot, Support and Resistance for Monday, Dec 3rd, 2007