should have sold and re-shorted in retrospect, but i hour til fomc minutes....should dip before that (maybe hold through on hawkish talk by fed minutes) but still i messed up that trade, still profitable, but could have sold and re-shorted at a decent price....such is life
ok--sell program came through.........why is the jobs # considered good (adp report) it looks to me as though the economy is slowing, from what i see in houston the last 5 months, looks like demand for oil is down, manufacturing seems overall to be slowing, retail sales margins were down, inflation is higher....what gives?
the adp report was not considered "good". It was considered unreliable. It is even more unreliable during november and december as are all labor statistics due to holiday employment. In terms of "what gives", I believe its called a "bull market".
Let me paint the picture... It's the day after the nuclear holocaust, the world is one big cinder ball! But, one of the survivors, from Seattle, is tuning in a charred and partially melted radio with his badly blistered fingers. This is what he hears... ...the markets opened up today...
almost covered at 19......but i feel like it will go down further, without a huge pop up, unless we get favorable fed speak.
Dude....how have you missed that in all my postings.....#@%&(%$$%^&**.....LOL....JK That is the "intra-bar" market delta. Come on 29's.......... (MP level at 1430.75 we have to get through first)
planned on covering at 04.....needed to lock in some gains.....but i am just letting this baby ride for a change