"Millionaires don't use astrology, billionaires do"
- #8,001
- Edited Jul 6, 2007 2:48am Jul 5, 2007 4:14pm | Edited Jul 6, 2007 2:48am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
- #8,004
- Edited 1:50pm Jul 6, 2007 7:10am | Edited 1:50pm
- Joined Oct 2005 | Status: Trader | 3,596 Posts
[
- #8,005
- Jul 6, 2007 7:18am Jul 6, 2007 7:18am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
PAYROLLS :: The market expects the June labor market report to look healthy, with Non-Farm payrolls growing 150,000, a steady 4.5% unemployment rate, and a 0.3% gain in average hourly earnings. Low jobless claims data, a sizable gain in June's ADP employment report, and continued low layoff announcements all argue for a strong report, with mixed hiring demand surveys and weaker consumer job perceptions providing a partial offset. There are two caveats to this upbeat picture. First, strength in the Non-Farm payroll data should be taken with a large grain of salt as the Labor Department's net birth/death model probably substantially overstates the hiring contribution from small and newly created firms. Second, continued jobless claims rose quite sharply last week and bear watching.
Heading up if not 
Heading up if not [
- #8,007
- Jul 6, 2007 7:34am Jul 6, 2007 7:34am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Haha
My predictions is RIGHT....
$$$$$$$$$$$$$$$$
My lucky day started early instead of tomorrow 7/7/07
My predictions is RIGHT....
$$$$$$$$$$$$$$$$
My lucky day started early instead of tomorrow 7/7/07
[
- #8,010
- Jul 6, 2007 7:49am Jul 6, 2007 7:49am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Wait for the stock market to open!!!
huh? its not yet 248 my dear...
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- #8,011
- Jul 6, 2007 7:51am Jul 6, 2007 7:51am
Wait for the stock market to open!!!
10-Yr Bond5.182% http://us.i1.yimg.com/us.yimg.com/i/us/fi/03rd/up_g.gif 0.038
- #8,012
- Jul 6, 2007 7:56am Jul 6, 2007 7:56am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Oh no...Anyway, my order is not triggered yet! US Equity Futures turn lower S&P -06 Dow flat
I'm sure DOW will be RED
10-Yr Bond5.182% http://us.i1.yimg.com/us.yimg.com/i/us/fi/03rd/up_g.gif 0.038
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- #8,013
- Jul 6, 2007 8:20am Jul 6, 2007 8:20am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #8,014
- Jul 6, 2007 8:25am Jul 6, 2007 8:25am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
Also, the price of oil is heading up....
Carries so far main beneficiaries of NFP.
Stock market is in a dilema now:
- strong NFP to push it up
- spiking 10yr to 5.2% to pull it back.
I foresee a bumpy directionless ride in Dow Jones.
[
- #8,015
- Jul 6, 2007 8:50am Jul 6, 2007 8:50am
- Joined Oct 2005 | Status: Trader | 3,596 Posts
US stocks are reacting negatively to the higher interest rates. The US economy, for all intensive purposes, is humming along carrying a piano on its back in the form of “ the housing sector”. One would have to postulate that if the housing sector, one of the main drivers forward for the US economy for the period of 2002-2005, were doing so-so, things here in the US of A would look pretty rosy. That being stated, we are now going to hear the suits talk about “two US economies”. One(manufacturing sector) that is moving forward and creating new jobs. The other, which is struggling to stay out of recession (housing sector). Which will win out? It feels like, that while very fragile, if the applecart does not get too upset, the economic status of the United States is on stable ground
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- #8,016
- Jul 6, 2007 9:09am Jul 6, 2007 9:09am
- Joined Apr 2007 | Status: "As Above So Below" | 6,206 Posts
"Millionaires don't use astrology, billionaires do"
- #8,017
- Jul 6, 2007 9:20am Jul 6, 2007 9:20am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
- #8,018
- Jul 6, 2007 10:06am Jul 6, 2007 10:06am
- Joined Nov 2006 | Status: Shoot all the clowns.. Shoot'em all | 14,520 Posts
248, 15 years high is traded
I know, I know "next target 244, EWs, end of carry trades, blah-blah-blah"
I know, I know "next target 244, EWs, end of carry trades, blah-blah-blah"
- #8,019
- Jul 6, 2007 10:16am Jul 6, 2007 10:16am
248, 15 years high is traded
I know, I know "next target 244, EWs, end of carry trades, blah-blah-blah"
LOL I always use those times to add to my long. Still in long and holding over the weekend with the average price of 245.
Edit - Let's go 250.
Good day all
CONTRACTING TRIANGLE
where is Ellioticians
Many thanks
http://www.moneyexpertsclub.net/foru...1&d=1183542810
250.44 IS OUR NEXT STAGE
GOOD LUCK TO ALL
MANY THANKS