Today's data - Wednesday 07 Feb 07

[SimonPB]

Today's data - Wednesday 07 Feb 07
Local results due
ITLTILE Dec 2006 (Interim)
ONELOGIX Nov 2006 (Interim)
AQUARIUS Dec 2006 (Interim)
RESILIENT Dec 2006 (Final)
BHPBILL Dec 2006 (Interim)

Local divs; LDT
NONE

Economic data
SA
SA Reserve Bank January international reserves data

Industrial production
11.30am, Industrial production, expected -0.5%

GER
1.00pm, Industrial production, expected 0.3%

US
3.30pm, Non - farm productivity, expected 2.2%
5.30pm, Crude Inventories
10.00pm, Consumer credit expected $6.5billion

[#2]

A little bird told me that 15:30 US productivity numbers are going to be lower than expected, beware, the correction is near IMO. Briefing.com

[SimonPB]

yes, briefing.com says 1.5% which is lower then consensus of 2%-2.2% (depending who you speak to). But then Brifiefing.com don't rate this data as very important, D+ on a scale of A-F.

[#4]

that being as it may this market is looking for any excuse for a correction - just the feeling I get by looking at the price action over the last few days

[Mic]

Chartist I feel the same, went short this morning.

[SimonPB]

time to gas the birdie - it came in at 3%.

[Nick_1]

LOL So much for Fcuking analysts/econmists etc. Should all be fired. Even their names ends in sumthink that sounds like MISS, as in MISS THE TARGET. LOL

[SimonPB]

eCONaMISSED

[#9]

Is anyone confident in this market?; If bad numbers arise, we bears are going to find our revenge; but for now, the market is still bullish for now. http://www.nasdaq.com/econoday/reports/US/EN/New_York/resource_shorttake/year/2007/weekly/06/chart-1...

[Nick_1]

Jez run with da bulls but keep that trigger finger on da eject button is my objective!!

[SimonPB]

hl, it's not about revenge or confidence. It's about trading (as apposed to investing) what we see and as such responding to price rather then having a view. And for now the price is all feed by bulls for as far as I can see. It'll change but for now the bulls rule.