Go Long. Bad news are priced in. Obama's job proposal will be supported by republicans and will boost the market by 5% next week
Medium and long term outlook continues: Euro bearish and USD bullish. The very overdue dollar rally should be substantial.
Markets Played out the way I expected. Covered 90% of my short position. Looking to get flat by noon as we are going into holiday. Not worth the risk of holding short over the weekend. Have a fun trading day.
GK- The Long over the weekend is definitely the Risk/Reward Play if we close on the LOD. It is too early to call that long play yet.... If we close in Midrange.....Risk is to much. If we rally into close, the play is blown IMHO