Why slowing jobs is good I'll never know, Just need to focus on what is happening right now.
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MyMiniTrading
- Thread starter myminitrading
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Traders cheer the weak jobs report HUH!
It is a double edged sword. Good for the FED raising to stop soon. Bad sign that the economy is slowing.
Quote from volente_00:
It is a double edged sword. Good for the FED raising to stop soon. Bad sign that the economy is slowing.
Thats why I try not to focus on the data, and just focus on my charts. I just had to peek at the jobs numbers though.
Now I am getting all wound up because the market in reality sould not rise on a VERY WEAK jobs report.
I made some money so I am happy.
I have a feeling the gap may close. Would not want to be long above it.
Humm weakness is rearing its head. Is reality setting in on wall street traders, nah.
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