grrr...

"The consumer only feels the difference between last time they filled their car, than the last time"

Ok, this is how a budget works....

you make 40K a year,
have 40k in credit.

you can only spend so much money,

$100 more at the pump is $100 less you have to spend.

If you charge it, long term for every $100 you charge, it's $120 less you have to spend.

Fascinating this morning... Nasdaq is weak, S&p and R2k trying ot hold.....

The pattern is this, Weak r2k, weak s&P, weak dow, weak Nasdaq. then it starts all over again.

I wonder if I cycled through, Russel, then nasdaq. into new levels.

Here is another bullish sign, we break below support levels, and we aren't breaking down....

This could be a signal of the start of near term capitulation.