[quote=malcolmb14;2523917]I see 900 but a very strong chance of 950 .
The reason ... most of the bad news is factored in now. We all know the banks are in trouble ..company earnings will be down etc etc , we know we are in recession. A NFP 0f 600 k is not that bad ... almost taken as good news as it is not 2 x expected. It does not make sense but sometimes you have to just trade what you see on the charts and forget all about news , just be aware of when it is coming out.
noted!
Rgds.
The reason ... most of the bad news is factored in now. We all know the banks are in trouble ..company earnings will be down etc etc , we know we are in recession. A NFP 0f 600 k is not that bad ... almost taken as good news as it is not 2 x expected. It does not make sense but sometimes you have to just trade what you see on the charts and forget all about news , just be aware of when it is coming out.
noted!
Rgds.