Friday, April 2, 2010
Nonfarm Payrolls Out
The good news is out. It was well expected and the number came in around consensus. The futures have a slight knee jerk positive reaction. It is a tricky juncture right now, the markets are overextended and the bearishness is almost nonexistent and good economic data comes in. But a lot of people are looking for a pullback but think we will go higher after that. Hmmm. Something to think about. Happy Easter.
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5 comments:
Recipe for a quick brutal drop? freak out the bulls and give those dip buyers fear to buy the dip?
What was Goldman's number after the downgrade?
The Fed went on an emergency meeting. The talk is at the EliteTrader.com forum. The futures are now less positive. -Petsamo
What's your target to get short dawg.
What's your opinion on RIMM Apr 70 calls. Trading for 1.05. Went down almost 5 bucks on Thursday.
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