Discussion in 'Trading' started by MrDODGE, Apr 27, 2009.
Vote in the poll above.
How are you going to trade the GDP report release on Wednesday?
Like all reports, my trades will be based on the markets reaction.
If no opportunity presents itself then I'll watch until things settle down.
Or I suppose I could take a guess at the report AND how the market will react.
And HOPE I'm right on both counts.
Although personally I think I'd have better odds at the roulette wheel in Vegas.
I'm sure the # will be better than expected, it is all about the headline right? The real # will be published months from now in revisions. They just try to buy time, hoping that things will be much better when they revise with a horrible #. The market is always forward looking, right?
This swine flu is final nail in the coffin.
All the government numbers are pure fiction.
Good headline numbers followed by months of downward revisions.
This is it! Vote = -6.9%
I got the range right at least. Better than all you polyannas.
Maybe that's a phony number too... to spook us into accepting the idea of even MORE "borrow and spend"..
Consumer spending is up which is very good news.
Yup great news...spending is up, GDP is down (alot), and we have deflation.
Spending what little we have left with no promise of making more before it gets completely eroded away....I guess it's better than watching it all erode away.
Market's up though, so things must be cool.
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