I know it probably won't hold water but if it was going to be a bad earnings day would they do the PR on Friday afternoon to soften the blow of panic selling on Monday and do a good earnings PR on Monday morning so the PPS has time to run? JMHO
Are shorts pushing it up so they can short before earning or does somebody know something about earnings and are getting in before the PR comes out.
Seems to me if it was leaked info there would be more volume.
Disclaimer... I'm wrong far more often than right!!!
Nat gas up over 4%, oil not moving much yet, PR out and low volume. Doesn't seem like there would be much if any profit taking for the week BUT... will people be wanting in or out before earning on Monday???
You are a complete moron with NO CLUE what you are talking about. You read one article that supports your position (short) and come on here trying to act like you actually have some knowledge about how the market works... MORON!!!
Slab, I agree but it just baffles me how anybody that works for a living doesn't understand how bad Obama is hurting them. Especially with Obama-care and amnesty!!! He didn't make health insurance cheaper for the working class, he made them take a cut in benefits for about the same cost they were paying before but now is forcing them to pay for the people that don't want to pull their own weight! And amnesty is going to flood a labor market that couldn't provide enough jobs BEFORE amnesty!!! I'd like to see what the unemployment rate really is with 2 or 3 million people added to the labor market. And they say WE are the ones that are ignorant???
Name one thing he has done to help the blue collar worker or the middle class. He has done plenty for welfare cases and illegals but in the long run it is the blue collar worker and the middle class that will make all the sacrifices and pay for just about everything he's done. Higher tax's, forced to pay for health insurance that, if you work for a living is not even close to affordable because we're having to pick up the tab for the people not working for a living and much harder to find work which ends up being for even less wages because he has flooded the labor market with illegals!!! I don't need to watch a T.V. show or be a part of any political party to do the math. Anyone with any common sense knows the blue collars and middle class are going to be paying the price for his reckless abandon with his pen long after he's gone!!! And if you don't think this MB is the place for politics then why do you keep trying to defend him on here???
Were you born stupid or do you practice? The only people that got health ins. are the one's that don't work for a living so they don't have to pay for it which is why Obamacare will fail... corporations are doing good because Obama illegally granted amnesty to enough illegals (democratic voters as long as their not required to show I.D.) to flood the labor market which has kept labor costs down and increased profit... and the only reason we're not being attacked is Bush ordered homeland security and the CIA to hunt down Bin Laden, Obama had NOTHING TO DO WITH IT! All Obama has done is release convicted murders and terrorist to other country's so they can resume their duties!!! And has far as gas and oil go, he has absolutely NOTHING to do with the drop. In fact if he had his way there would be no fracking and oil would be between 100 and $150 a barrel!!! SIT DOWN AND SHUT UP!!!
I would think it's a good time for shorts to start covering. At these levels it seems awful dangerous to continue shorting especially with NGF prices rising like they are. Not sure I would want to ride a short position in to the weekend and risk a positive PR on Monday when I could cover with some nice gains now.