11/7 jobs report priced in today 11/6...Markets will soar 11/7

Discussion in 'Chit Chat' started by increasenow, Nov 6, 2008.

  1. 11/7 jobs report priced in today 11/6...Markets will soar 11/7...there is no way the markets massively tank...jobs report already priced into the last two days of sell-off...thoughts? agree?
     
  2. Yeah, but it could still bounce.
     
  3. What time does it come out?
     
  4. or...okay say the report is really bad...may get the morning dip and then strong buy back later in the day...?
     
  5. 8:30AM New York time tomorrow friday
     
  6. ......or the market could continue to crash. more downside is still in the cards. we will test the lows whether we like it or not.
     

  7. LOL!!!!
     
  8. gnome

    gnome

    Sometimes, the Big Boyz decide, "we're buying... PERIOD". (or maybe they're induced by the PPT to buy??)

    Technically, an argument can be made for a rally here... but it's only 1 of about 4 scenarios.
     
  9. Wouldn't be surprised to see ES 950-965 today. But also wouldn't be surprised to see 840-850. Never marry a side.
     
  10. noddyboy

    noddyboy

    One more leg down before a rally.
     
    #10     Nov 7, 2008