Gotta love ZERO RISK in the SP500 = $$$

[makloda]

Associated Press: "Dow Ends Up 5 After Bernanke Speech"

and

Briefing.com: "Investors are also sifting through the recent release of Fed Chairman Bernanke's prepared testimony; but no mention of interest rates or the economy in his remarks gives investors little incentive to more aggressively get back into a market ripe for a pullback following last week's sizable run-up."

Gotta love it, any excuse to turn on the buy programs is good enough... $$$

 

[EqtTrdr]

wonder if markets +2% or +3% tomorrow??

 

[S2007S]

Quote from EqtTrdr:

wonder if markets +2% or +3% tomorrow??

DOW up .57%

Nasdaq up .82%

 

[Bowgett]

Quote from EqtTrdr:

wonder if markets +2% or +3% tomorrow??

Well. Looks like markets are in the right mood for that unless they have nightmare overnight which is not likely.

 

[noddyboy]

Quote from Bowgett:

Well. Looks like markets are in the right mood for that unless they have nightmare overnight which is not likely.

Asia is up...New Zealand had a good day. Looks like it is a green light for tomorrow.

 

[makloda]

Seems the futures are liking these productivity numbers. Lots of green on my screen. I especially liked:

"Labor costs for each unit of output rose 3.2 percent for all of 2006, up from a 2 percent increase in 2005 and the fastest rise in worker wages and benefits since a 4.2 percent increase in 2000." Oh the irony

Either way you turn it, the only way is up Going long NQ today, f*** it.

 

[austinp]

"buy... Buy... BUY!!!"

Unless of course, we get sell signals today

 

[T280]

It's like amateur hour in here, the slogans and chanting is infantile, would traders actually do that?

 

[myminitrading]

Quote from makloda:

Seems the futures are liking these productivity numbers. Lots of green on my screen. I especially liked:

"Labor costs for each unit of output rose 3.2 percent for all of 2006, up from a 2 percent increase in 2005 and the fastest rise in worker wages and benefits since a 4.2 percent increase in 2000." Oh the irony

Either way you turn it, the only way is up Going long NQ today, f*** it.

Dont forget the energy inventory data @ 9:30cst. It may surprise the markets. If crude brakes 60 and holds above it this may cause a little caution in equities.......Oh who am I kidding the fix is in equities will rally no matter what buy buy buy buy.

 

[myminitrading]

The economic data seems to come in just right, productivity up labor cost down, everything is roses!