Friday, November 6, 2009

10.2%

The unemployment rate has put a little fear into investors.  How quickly sentiment changes based on a single month's employment number.  It shows how fragile investor sentiment is.  After yesterday's big up day, I am hesistant to buy even with a decent discount to yesterday's close.  And I am hesistant to sell in the hole after all this gloom and doom from the employment report.  I am leaning more to the long side today but I will likely just be watching.

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