Discussion in 'Trading' started by ByLoSellHi, Mar 8, 2007.
Those are my year end predictions.
Why so pessimistic?
Next 15 days
Trade range for me
bylo did you just go long this entire market or is this early morning rally confusing you
Long until I'm not.
I could get short as soon as tomorrow's jobs report.
I still hate retail or anything consumer discretionary, though.
Back to the energy patch to propel the markets forward!
Jobs report isnt very important
odds are greater the market will go up on it than selloff
If the number is poor it could indicate the possibility of lessened inflation and if its good then the market may rally anyway. Can't lose.
I never believe the # they say, usually changed about 5 times before its right, however to say its not very important is foolish thinking. That number moves markets.
This jobs report is going to be psychologically critical, because if it is dreadful, people are going to panick, especially if the job losses are concentrated in construction and manufacturing.
Anything under 70,000 and the market sells off.
It will be the same old shit. even if its a bearish num there still run it up higher . they dont need a good reason everyone should see that by now .
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