Cubefield Game

Last report we stated data indicated "a greater potential for market weakness moving forward." The morning after that report was released the Dow was at 11,020. The market closed today 97 points higher at 11,117. Once again, not the market weakness expected, but certainly not 'real' market strength. The investor confidence reading dropped 3.2% to 47.3%. This continues an overbought trend, and continues to indicate a greater potential for market weakness moving forward. Read the rest of this entry »