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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (5168)6/4/2010 4:37:16 PM
From: happy_camper  Read Replies (1) | Respond to of 219712
 
We're in a news driven market right now. Oil spill, Euro crisis, and now bad employment report...it's all bad right now and the market is just following the news.

I have a feeling Q2 earnings won't support the news but can we hang on for another 40 days until Q2 earnings reports come out?

I know a lot of people were expecting better employment numbers but the stock market is the economy and with the drubbing the market took in May and I can't see how that would have inspired any company to hire aggressively in May.



To: DebtBomb who wrote (5168)6/4/2010 4:44:38 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219712
 
I think you're right, the rally is probably over, this market is toast...

GZ