BINGO!!! 867.75

Called that number at around 11:30 today on the blog and said watch for that number and they closed us dead on it.

MAN oh MAN you not reading here you missing out completely


MARKETJEDI

Personal Trade

Just went short the SPY @$87.20 as we hit that 867 level on the S&P.
This is not a trade call just a personal trade.

Win lose or draw I am playing it

Scream higher

Man oh man I wishing we go higher, this will be such a great setup for us-
Man oh man who told you we would rally??

Remember that 865

Remember to watch 865 that I wrote about yesterday.
That's a spot the bulls want to target-867.75 to be exact. Lets see what they do. Short term we are bullish here

Rallying here

We are rallying here early on. Something I have been talking about that's why I took off all my shorts. Market feel like it wants to rest on the downside and that smells a rally to me- Now the question is how far do we go.

Bought some SPY last week at 81.80 now at $86 so I feel pretty good

Worse than expected

Worse than expected job numbers and unemployment rate continue to rise. I have a serious problem with this so called stimulus bill. In my opinion it is a spending bill and NOT a stimulus bill.
As usual it is all the political cramp playing with real people situations etc, just amazing

Friday

Remember in 40 minutes we have jobs numbers. Should they be miserable and we dip before the open today I think traders might buy the market. WHY? dude the the fact Geithner will be announcing some plan for the banks on monday I would think bears would take off positions in case we rally.
Lets see how it plays out, list week we have been in a coil but I definitely think we will break out very soon.

MARKETJEDI