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Message: Today's Market, Labor Day

Market Holiday, Labor Day, for US/Canada. Chart showing DEGH sp in continuing consolidation at this time. DEGH/Fuse seems to be untouched by economic and world events.

Not a Market Holiday in the rest of the world. Asia down. Europe down.

Debt is much worse in the US/EU and worldwide than thought, and things ain't looking so good just about everywhere. EU/ECB in a world of hurt, and US banks are involved in the EU and will get hurt, too. Euro currency may go down when Greece bails. ECB/Fed buying their own debt to try and hide the massive debt, and prop worldwide economy up. As well as US Unemployment still bad (likely worse than the official numbers say), with US Housing's continued recasting of Alt-A and Option ARM loans, as well as the enormousshadow inventory, looking to take down the banks again. Inflation in China higher than China admits, and now hitting the US with consumer spending UP? Was consumer spending actually up as much as the numbers say... Nope, things cost more because the inflation monster has been always around and is just starting to show in the numbers.

GLTA in all your plays.

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