Plunge protection team.

[john_1]

What are the chances of negative jobs data today...

[Brazen]

What you thinking john-boy? We closed a few postions - IMP yesterday and WHL this morning. Looking for trades - but nothings leaping out.

[#3]

John....50/50 .what does it matter? There is no way of telling absolutely none....just use the 123 move.....

[asylum]

Good i would think. Last time out they expected 100 000 the got - 4000 so their gurus got forecast slightly wrong. This time round they expect between 90-100 thousand just hope its not the same guru who's forecasting.

[SimonPB]

yip 50/50. We can't predict the data, we can just respond to it.

[#6]

that would be bad for equities.....cause it diminishes the chances or further rate cuts....

[john_1]

I think that with the market just below 14000 on the DOW negative news would see some real selling presure, I think been cautious is the way to play this.

[SimonPB]

it's not one guru, it's consensus so all the guru's.

[asylum]

Yeah Chartist if memory serves me right the last figures brought the Dow down about 1.5 % on the day, i stand to be corrected on this.

[SimonPB]

the issue with today's data (especially the unemployment rate) is that if it is bad many would start to worry more about a possible US recession, bad for markets. But if good or even just alright numbers then expect serious buying.

[#11]

local time would be 14h30....do I have this right?

[john_1]

What time is it released SA time.

[#13]

that is SA time....

[SimonPB]

ya 2.30, US changes times end of oct (some where around then)

[john_1]

Thanks.

[#16]

about the same time the poolboy will be mixing the cocktails on a Friday...ah well the 123 move doesnt need much work just determine the direction and leave it....

[DEP]

Market looking for an excuse to take profit, both in SA and aboard. Even a good employment No can trigger a sell off as this will mean the Fed will not drop interest rates so fast(in the US).

[Brazen]

Lilo inflated?

[john_1]

Short term the market might rally but I dont see a positive in this story... If the jobs are bad, market tanks, if jobs are good, no Fed cut market tanks.

[#20]

I disagree with both of you gentlemen....but then again I could be wrong...