Zollars of Yellow Roadway says truck shipments are trending lower since March. Uh ... the Fed is behind on the count.
No major catastrophies over the weekend.
I noticed that Wachovia Bank has a dividend over 5%. Darn, missed that one. I'll start a position today.
The Russell 2000 is setting up a W bottom. It needs a couple closes over 800. The other major averages might be setting up inverse H&S bottoms.
I'm going to buy an iPhone this afternoon - getting modern!
PS: The persistent bearish attitudes that I've heard since the bottom in 2003 have never stopped. I heard more today. The World is Ending! They come up with one "sign" after another. Maybe I'm delusional. But it seems that nothing is really different. The signs they see are just those of moderate growth, which has been the case for months. So I think they're just wrong - fighting the wrong war - the last war. Mostly Bubblitis, as if one crash or bear market means that another simply must be happening now.