Cubefield Game

Last report we stated that "we'll look for a negative market moving forward as investors take a 'wait and see' approach." The morning after that report was released the Dow was at 10,780. The market closed today 269 points lower at 10,511. The market fell for most of the past week as expected. The investor confidence reading moved 13.3% higher to 41.4%. This reading indicates investor uncertainty and, although there is a potential for a limited spike, we'll continue to look for market weakness moving forward. Read the rest of this entry »