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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