Employment #'s come in low and its good news. Bad news is good and good news is bad. The games of wall street. Only problem, this scenerio is only good for short term trades and the scam wears off quick. Dow 10K before 11K !!!
The odds weren't really in my favor since it was at 10,9 when I said it, but it sure wasn't the first time I've been wrong. Underwater again on my dia play. Should I panic and cover or will the dow never see 10940 again ?
What bad news, oils at 4 month highs, ISM data weaker than expected, metals continue their rise, fed speak is bull, coffee, a commodity last time I checked at 1 year high, retail sector dumped on poor sales, alls well in la la land.
Gotta give the longs here cudos, it far outperforming the sector again on no news and up 4 days straight.