1.4340 euro/dollar
The fast money thesis was that money was nervous in front of the nfp.. suggesting that it would be worse than expected.... It wasn't so.... now the lemmings print it positive....
1.4318 euro/dollar
Santelli says it's all dollar negative because dollars are flight to safety. But good economy means stronger dollar.
So... the lemming shorted expecting bad this morning and is now covering....
I again think this can be sold...
Funny, Gartman this morning was saying "I went 3/4 to cash in the past few days"... and then in the past has said... don't trade off the nfp OR YOU ARE A FOOL. .... then this morning he said the same thing ... So i guess trade off the nfp and yet don't....
My original thesis was that we would make a right shoulder off the NFP... and it is certainly not been Perfect to my model.... So... More fun and games.
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