I went long on Friday and seeing the EOD spike and now the gap up after hours, give me one reason why I shouldn't take profits and buy back at unchanged?
Everything is going wild (except the USD) right now. Futures up rather largely, Euro rocketing, gold and silver through the roof, oil, AUD, it's starting to look like a frenzy!
GM bankruptcy is the biggest green shoot this week, that's unless unemployment figures come in above 10%.
That is a great question, I think 10.5% unemployment would be more of a green shoot of course but I dont expect that much of an unemployment number this month, maybe next month that 10.5% will bring more bullish movement to the markets but now 10% is enough to sustain a move on the DOW to 9000 and beyond.