Well..... If you are listening to anyone in the media then its time to start thinking about another business. Today is a great trading day with much money made and yet to be made. If you didn't expect todays action then you are doing something seriously wrong .....
Hmmm... That's not what I heard from CNBC. Before the report most of them were looking for better than 125K jobs. Then when the report came out with 21K they naturally called it a dissappointment. Then, when Art Cashin gave his analysis, he said there were strong bids coming into the market when the S&P was just a point or two off the low. Should have listened to him.
Dont watch cnbc. cnnfn people were bearish. Dont really pay much attention to what they say anyhow. Just want the numbers.
Agree with the sentiment: Watch the market, don't watch CNBC. DS "The market is never wrong" "The reason we have economic forecasts is that they make astrology respectable."
Of all the morons and talking heads on CNBC, Art Cashin is without a doubt one of the calmest, shrewedst and smartest guys around. If you listen to him very carefully, he will give you a great heads-up. Art is awesome.
hehe no way, too scared of it still. Gonna try Naz first. Regardless of how well I did, there was so much money on the table just from NYSE alone. Check out ATH. I did not even trade, was too busy but have to recognize the sick moves. Strange thing, I've been getting good fills in every trade. Cancels being respected also. I see the specialists just jumped at the chance to steal from the big boys and left the intradays alone.
i don't really watch CNBC anymore, but when i did, i liked him a lot also. probably my favorite of all CNBC's commentators.
The last hour of trading today could be nuts as traders and investors tweak their positions before the weekend. Don't know which way the market will go.