NEW YORK (Reuters) - Stocks cascaded to their lowest close since February on Friday after May's jobs figure slammed investors already reeling from worry over another developing debt crisis, this time in Hungary.
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Job creation were only 18K; if you back out all the temp Consensus Workers. President and Vice President said the number were really good, but did not take into account all those temp workers. Gov.bull.market. On this 10-min chart the May 26, 2010; level was pieced, however, we did not get a close below this level. There is still a lot more downward pressure to be seen and we will make short order of getting there, as it appears.
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