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Strategies & Market Trends : Guidance and Visibility
AAPL 266.38-0.8%Nov 20 3:59 PM EST

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To: DebtBomb who wrote (15026)9/8/2001 9:38:52 PM
From: keithcray  Read Replies (1) of 208838
 
Dale, Friday's Unemployment rate number was a real disaster. We have Consumer Credit numbers coming out on Monday.

Not sure if that will have much of an impact either way, although the consumer is certainly under the microscope at this point. If it's higher than expected, that could be taken two ways. Either it's good that they are still spending or it's bad because of the mounting debt.

Frankly, I wouldn't be a bit surprised to see further serious downside on the Nasdaq, but I didn't feel strongly enough about it to carry short positions over the weekend.

Best to err on the side of caution at this point.
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