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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Trumptown who wrote (282407)4/1/2004 3:56:13 PM
From: Michael Watkins  Read Replies (1) of 436258
 
I have no opinion on jobs number and know its hard to game the reaction. I'm just secure with my entry - no matter what, the report will not wipe out all my gains from last week. I rarely go from next to zero to 70% invested except at major swings and when I do I am looking for more than a few days worth. If I give up a bit, I'm ok with that.

I should reiterate that this money is not intraday or scalping money - I use futures for that - its 2-5 week swing trade oriented. Since we got a nice sell off handed to us (9 weeks in Nas), perhaps there is more than a single week bounce to be exploited.

Besides... I can be very short in futures in a few milliseconds so its not like I won't make some dough on the move in either case.

Trying not to over think things.
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