NEW YORK (Reuters) – U.S. stocks fell on Tuesday as talk of a second government stimulus plan stirred fears that the economy is far from well, raising the specter of an anemic second quarter earnings season. A member of the Obama administration's economic advisory panel said the United States should plan to possibly provide a second round of stimulus funds to prop up the economy, implying that recovery is still far off.
When does this madness end? They haven't even finished spending the first round of your and my money. Will someone please make the voices in Barack "Gambino" Obama's head stop before I end up living in a refrigerator box. Time for "The French Revolution" the sequel don't ya think?
Well we appear to have slit the throat of the head and shoulders setup by closing below the neckline. Lets see if we get confirmation of the pearl necklace pattern tomorrow.
My Pick for tomorrow is long FAZ @5.40, back up the truck boys!
