the numbers lokked good but dow only got to 7 or 8 pos.on the dow if thats all she's got were going down in the markets numbers are behind not foward keep that in mind employement #'s end of week look to that for real trend
I am just a spectator just waiting and watching for the perfect oportunity to short the living crap out of the S&P index. I have all week to wait. if I have to wait till thursday when the jobless claims numbers come out, than so be it. if I have to wait till Friday when the empoyment situation numbers come out, than so be it.
being that I am a 100% technitian, the perfect time to get in market is only when I get a Short the market signal from all my indicators, and only than..... I never trade on the news, I only us the news for as a short term indicator as to where the market might be headed over the next 60 minute period...
The weekly and daily charts are still heavily bearish, so it's just a matter of time before the hourly and 10 minute charts turn bearish again. I have all week to wait ...I am in no hurry.