I don't want to hear about the market ....
or from Kudlow
worldwide exchange
politics(Obama has to take the gloves off, It's time to hit a Girl, He has fucked up by getting complacent thinking he can roll his way through to the nomination)
I'm compleatly exhaused....
I'm going to swear, I'm going to go out on work on my yard, Maybe plan a weekend getaway...Too bad that woman I went to the play with hates me(which she should, cause I'm an ass, Which doesn't mean I'm wrong.)...
and I want Pie.....
Maybe I'll go to breakfast.
I have a big fat breakfast every morning... Sky is the limit.... not sure I care about going out...
I just think some of my exhaustion is the extensive work-outs now that spring is here, and this trading.
and it's only wednesday....
Who thinks I'll sit in front of my screens all day?
Wednesday, March 5, 2008
ugh
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3 comments:
Morning Eric,
Well, no trading idea today, data are mixed, bad ADP reports but the momentum is good with the exzpectation of bailing out Ambac, futures now are up by 38 points.
Morning, this is just a chance for the shorts to get out of the way of an AMBAC deal short covering rally....
Funny thing is going to be ... Keeping us on pins and needles about it, is probably about the only thing keeping us off of 11K.
I say keep your powder dry, till the momentum from an ambac deal is finished. Or 50% of the last big high (12700 or 1400) to the low (12000 or 1300)......
So I say the market has a celing on it at about 12350 or 1350....
look for "pivot points" there...
I'm trying to use this time to get more mellow....
The SKF will start looking good in the 115 and lower levels.
this market has 11K all over it...
But the NFP is a bit of a land mine on friday. Both ways.
I'm thinking the specific opportunity will be at the close today or at the open tomorrow.
and I expect us to be .... at the 12,000K level waiting for the NFP.
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