Well. Looks like markets are in the right mood for that unless they have nightmare overnight which is not likely.
Seems the futures are liking these productivity numbers. Lots of green on my screen. I especially liked: "Labor costs for each unit of output rose 3.2 percent for all of 2006, up from a 2 percent increase in 2005 and the fastest rise in worker wages and benefits since a 4.2 percent increase in 2000." Oh the irony Either way you turn it, the only way is up Going long NQ today, f*** it.
It's like amateur hour in here, the slogans and chanting is infantile, would traders actually do that?
Dont forget the energy inventory data @ 9:30cst. It may surprise the markets. If crude brakes 60 and holds above it this may cause a little caution in equities.......Oh who am I kidding the fix is in equities will rally no matter what buy buy buy buy.