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I trade canadian junior mining companies, that has taught me to be patient. I like your patience. Less comissions, better decisions, superior quality of life. :) [/B]

agree That is why this is a med term trade with a large stop and target. I can afford to wait on this one. UOTE]Quote from Buy1Sell2: Market is not quite ready yet to sell off again. It may be a few days yet.

sold more here

They are doing their best to keep this up for open, this is like a balloon that keeps getting blowing up. It will burst before the day is done.

The spending is a real issue. Cannot use house as a piggy bank anymore. Borrowing is harder, jobs are now being lost. I wonder just how the situation is going to improve anytime soon.

Spectre Mkt can go up on bad news, but I am betting the bad news is going to multiply so we will see how long it can ignore. UOTE]Quote from Spectre2007: when markets can go up, even on bad news...................

Fundamentally speaking Horrible jobs insurance problems Subprime housing What other lending market troubles next Housing not stable yet No sigh of economy rebounding I am short and will stay short for a medium term trade. 1422 stop 1260 target.

Yesterdays action really smells of a leak on the Yahoo. Even after Google the mkt stayed up. Something does not smell right.

Thanks google

Come on google show show some ugly guidance.

what the hell just happened?

1400 tomorrow with any payrolls above 100k (only if the number is rigged) watchout below with any number less than 75. I go for the watchout below.

Thanks

This is going around the currency market this morning. http://www.nypost.com/seven/01312008/business/fridays_jobs_report_may_shock_markets_810457.htm FRIDAY'S JOBS REPORT MAY SHOCK MARKETS January 31, 2008 -- CLASS is in session! Put out your smokes and get your feet off the desk...

JSSPMK Can I ask what you mean by off 1 and 2. Thanks

LIZ Clayman is good enough reason.

The pair I have been having a blast with is eur/chf over the last year. Risk up eur/chf goes up, risk down in the overall markets eurchf down. I play with larger stops because it rarely runs, it retraces alot.

I think we go back up to the 60 or 70s cash then grind lower, 1.44 to 1.5 for the next few months imho.

Hoping we can get up to 45 to cover my longs.

Actually apex i got a bigger bang on the euro after you mentioned the S&P was in trouble on a break of 78. This allowed me to get in quick;y on selling euro. Thanks