US- Bailout worth USD5 billion from
Bush give stimulus as USD 700 Billion to raise the financial sector.
Initial total jobless claims 26-year high, indicate signaling worsening labor conditions as the economy heads into a second year of a recession.
``We expect job losses to continue,'' Ethan Harris, co-head of
Next January, President-elect Barack Obama is preparing a two-year stimulus package worth as much as $850 billion to save or create 3 million jobs and revive growth.
Dow Jones Industrial Graphic condition look picture above
- Bollinger Band get tight
- MA30 already crossed by green candlestick, but volume is low!!
- Still move around at 50% RSI line.
- Will form a cone.
It still SIDEWAYS CONDITION, volume is very low!! If break the cone and reach upper line of Bollinger Band, it is BULLISH TIME!!
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