11/7 jobs report priced in today 11/6...Markets will soar 11/7

increasenow · Nov 6, 2008

11/7 jobs report priced in today 11/6...Markets will soar 11/7...there is no way the markets massively tank...jobs report already priced into the last two days of sell-off...thoughts? agree?

Renegen · Nov 6, 2008

Yeah, but it could still bounce.

Sniemiec · Nov 6, 2008

What time does it come out?

increasenow · Nov 6, 2008

or...okay say the report is really bad...may get the morning dip and then strong buy back later in the day...?

increasenow · Nov 6, 2008

Quote from Sniemiec:

What time does it come out?

8:30AM New York time tomorrow friday

pulsescan · Nov 6, 2008

......or the market could continue to crash. more downside is still in the cards. we will test the lows whether we like it or not.

whodareswinston · Nov 7, 2008

Quote from Sniemiec:

What time does it come out?

LOL!!!!

gnome · Nov 7, 2008

Quote from increasenow:

11/7 jobs report priced in today 11/6...Markets will soar 11/7...there is no way the markets massively tank...jobs report already priced into the last two days of sell-off...thoughts? agree?

Sometimes, the Big Boyz decide, "we're buying... PERIOD". (or maybe they're induced by the PPT to buy??)

Technically, an argument can be made for a rally here... but it's only 1 of about 4 scenarios.

MiniDowTrader · Nov 7, 2008

Wouldn't be surprised to see ES 950-965 today. But also wouldn't be surprised to see 840-850. Never marry a side.

noddyboy · Nov 7, 2008

Quote from MiniDowTrader:

Wouldn't be surprised to see ES 950-965 today. But also wouldn't be surprised to see 840-850. Never marry a side.

One more leg down before a rally.