We expect them to be awful - they only have to be a tad less than awful and we're up another 3%. We have so much more up room due to the fact that we came down so far, so fast. As long as we don't go back up quick there is a new trend forming. Remember: 25% down is much more powerful in magnitude than 25% up.
Sir, I do not consider it to be laughable. We are going down regardless of the report. The best case scenario we pop up at the open if report is better than expected and that's it. 811 is the support but I believe it would be penetrated easily. Look at $CPC PUT/CALL ratio - it's soooooo bullish that I think we are doomed short term (week from here) Also financials and EURO/YEN did not make a new high today. Oil was up 7% so XLE (it's components) helped this to pop up. BUT oil is going south from here, so watch out below. Buy ERY - it's the last chance to get it that cheap this week