Did you notice that little revision of the previous nonfarm figure? If you look at the history of these revisions, it seems that for the last several months its a tendency: positive figure (and also for some time now a positive figure is something that is not as bad as expected), market pops, then nobody cares about the revision, even if it shows blatant lie & manipulation. Rinse and repeat.
Nothing good to say about it... nice 214 point drop...looks like a lot of buy opportunities will soon appear...just be patient
ok.. still waiting....but no entry point for me yet this morning...should have short PCX for around $1plus this morning but scared away by it's strength.... anyway.. no trade so far. Still waiting for the buy opportuniies... I believe they will be here later this afternoon. Let's do something else now..
No the fed didn;t screw it up again. Companies are outsourcing instead of hiring which helps the bottom line. Stocks will continue to rise because we're in a bull market.