tag:blogger.com,1999:blog-7309011280153553421.post7294428050688619306..comments2023-05-18T11:44:05.460-04:00Comments on Trade to learn: Still bullish and where the support liespositiontraderhttp://www.blogger.com/profile/15867225573384096103noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7309011280153553421.post-46124716203059777752010-07-28T23:04:35.828-04:002010-07-28T23:04:35.828-04:00Hi Bill,
Firstly, sorry I forgot to reply to your...Hi Bill,<br /><br />Firstly, sorry I forgot to reply to your comment yesterday. Seeing your comment right now reminded me about it.<br /><br />Yes, the reaction to the job numbers will be very interesting, specially if the numbers are very different from what's expected (in either direction). <br /><br />If Nasdaq breaks the 2240 level that I have plotted and that you also mention, I will positiontraderhttps://www.blogger.com/profile/15867225573384096103noreply@blogger.comtag:blogger.com,1999:blog-7309011280153553421.post-11806150236460354042010-07-28T22:54:18.904-04:002010-07-28T22:54:18.904-04:00Positiontrader,
I will tell you exactly what the ...Positiontrader,<br /><br />I will tell you exactly what the markets will react to tomorrow. If jobless numbers are good, market goes back up and resumes climb. If jobless numbers are bad, markets go bearish resume 3rd day of selling and nasdaq smashes through 2240. As i commented before, i think the market is reacting more to macro news than earnings and that doesn't play nice with short termbillnoreply@blogger.com