Thursday, September 6, 2012
Squeeeeeeeeeze
The news came out and we've got only minor sell on the news reaction despite a huge run up overnight. The market is too short and underinvested here. The fear of a sell the news reaction was greater than the reality. I expect us to squeeze higher intraday into the nonfarm payrolls number which should beat expectations. The chase for performance is now on.
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