Buyer Confidence slides

This was not a good sign.  Buyre confidence slides mainly because of their concern about jobs and the are also worried about cut backs. 

Stocks may be looking up, but the Americans just can't put aside their wories concerning their jobs.  Consumer Confidence fell in October.  It came in well below what analysts had expected. 

The consumers in California acording to the Conference Board, reported shoppers' sentiments were the gloomiest in 3 decades.  They buyers are considering cutting back on spending.  The main reason seem to be their feeling about their jobs.