Like I said, its a coin flip. Yesterday you were wrong, today you are right (so far, we havent even opened yet!). Big f-ing deal. A coin flip is no way to make a living in the mkts.
You would think so, but the government will just lie and report numbers that will give the fed room to maneuver. Its just the way the whole crooked game is set up, they can manipulate the data to say what they want. Take a look at productivity data this morning all fed friendly for more rate cuts. It's not like the cuts are doing any good though market wants to go down, the internals don't lie.
Even with the market down today, the 2:30 renounders will act in full force and I'm making money anyway
not today... i think market is going lower today.... because of yesterdays bounce...but i maybe wrong