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Non-Tech : The Conflicted Thread -- Ignore unavailable to you. Want to Upgrade?

To: Frank Pembleton who wrote (109)	10/9/2011 11:35:00 AM
From: Frank Pembleton	Respond to of 841

MARKET ANALYSIS: Hopefully You Weren't Whipsawed Bullish News In Unemployment and Employment We expect the stock market will react bullish to the following, and especially their combination: ADP’s monthly private payroll (reported Wednesday), weekly initial unemployment claims (reported Thursday) and the monthly payroll and household employment data (reported Friday). Although last week’s IUC bullish data may have been exaggerated with seasonal adjustments, the four-week moving average will still likely bullishly decline, and probably at least for the following couple of weeks. Recall that IUC is a leading economic indicator like the stock market so that they are coincident to each other on average. Their negative correlation is 50% when the eight-week changes in each are compared. ritholtz.com

To: Frank Pembleton who wrote (109)	10/10/2011 4:10:56 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 841

glad I wasn't short today, that would have sucked... anyway, here we are at the top of the day's trading range at the close. I suppose we should see weakness in the first hour or so tomorrow (quick profit taking), then more up... tight stops if you're trying to short. I'm looking for follow through, if we get it - we'll see 3000 point up move in the DOW, or at least up enough to demoralize OWS, they'll be clubbed, tazed and put in detention camps while we all cheer this momentous move in our markets. I actually imagined this happening last week, let's hope I'm wrong...as for gold, I'm wrong here too, or maybe I'm giving the psychopaths in power (PIP) to much credit. I feel they still have the power to levitate the broad markets anytime they want and still destroy gold, but today wasn't the day for it - but I still expect that to happen. see ya tomorrow...