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Welcom Mr Bull

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Initial claims came out better than expected and less dept.
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6 REPLIES 6
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Date ET Release For Actual Briefing.com Consensus Prior Revised From Feb 14 08:30 Initial Claims 02/09 348K 360K 350K 357K 356K Feb 14 08:30 Trade Balance Dec -$58.8B -$62.0B -$61.5B -$63.1B
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Futures were befor # :Dow: 4, S&P:0.8 Now: Dow: 36, S&P:3.7 FTSE, is rising, why are we so slow?
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i mean why should we go lower?
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..trading on the noise is a sure way to lose money. Just trade the price. Besides, though, the figures could spell end of interest rate cuts. Or not.
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doubt they will, they are aware that people will think that the fed is out to ruin bulls if that happens, maybe lessened to only 2 cuts anything which is infavour of stock markets, love bernanke
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..there's a bunch of smart people >analysts< who won't be getting their bonuses this year because they misread the Fed. Not to mention sub-prime. Point is, trying to trade the noise is useless.
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