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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Qualified Opinion who wrote (77198)	11/1/2007 1:16:49 PM
From: GROUND ZERO™	Respond to of 94695

Probably a buying opportunity, but I'll wait for a buy signal before I cover...<g> GZ

To: Qualified Opinion who wrote (77198)	11/1/2007 11:28:37 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

GOOG, RIMM, GS, AAPL, and BIDU is what I'm buying calls on, occasionally. NJot today. An opportunity could be coming. 1500 cash ia support, so is 1490 and 1480. Employment tomorrow should be strong, but market reaction to numbers will be more important than numbers. Everyone knows they are bogus anyway. The goal of a strong number is usually to lift the equities, tank gold, tank oil, make the dollar stronger. A strong number, on the other hand, will mean that the Fed is done with the cuts, and the market was not so positive about that prospect today (probability of Dec. cut has decreased significantly post-Fed). The problem is, nothing seems to get the dollar up. The end of Fed cuts was supposed to accomplish that, but 0.2% USDX rally is all it accomplished so far.