Market loves Bad Econ #'s...lol

Quote from bungrider:

i'm sitting here, waiting to get short....

but i do love to be short...maybe it's interfering with my judgment...


FWIW, i've been seeing alot of selling into the rally all day...but again, we all love to see what we're looking for, so maybe i'm biased...

i was biased this AM, and lost some change on that shit!!! hahahaaa
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i lost on ICN, however i made on every one of my positions this morning... then got knocked on MHK... now i logged off to surf the net clear my head... might trade the close... but from here it looks like it might be an early day...
 
Quote from regough:

Hey ! According to this thread, I thought the markets were supposed to go UP on bad econ#'s ?????:confused:
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the market hasn't closed yet.
 
ISM services today... 47.9 vs 52.5 expected, guess market reaction :confused:
It's not sustainable IMHO but I could be wrong of course.
 
Quote from regough:

Hey ! According to this thread, I thought the markets were supposed to go UP on bad econ#'s ?????:confused:
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not everyday is the same game plan... you cannot just do X everytime bad news comes out or i will do X everytime good news comes out, or blah etc... you have to look at a myriad of indicators and confirmations before anything... in this market (which is one that is trading unusually or more unusual than the norm) which is filled with uncertainty, and news, and rumors possibly already factored into the market and some which arent you have to see how things react before doing anything...
 
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