DOW 10K

We are just above the 10k level again. I think next week we get a early bounce then crash and burn. Who know just a guess

Job Numbers-

We just got a reading of 6.1% unemployment. There is a possibility that we could see a number approaching 7.5%-8% when all is said and done.

TRADE CALL UPDATES: RIMM, GS

RIMM getting killed before the open on the weak job numbers. Down below the magic $105 so should be great for the puts.
GS is now in the money on the short $5. I think we can get some more so let this one ride here.


ONLY WINNERS HERE !!!!!!!



MARKETJEDI

Job Numbers

WOW they sucked- Unemployment rate is at the highest level in 5 years. Geez what a crapping economic environment we are in. What went wrong since 2000 where we had a surplus and record employment. Oh well I know and you know !!!

Oh well. indices wont have much upside with all these bad data. We are oversold so I would expect a bounce but all bounces should be shorted