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


To: Gary105 who wrote (31547)5/2/2012 8:01:30 PM
From: SGJ  Read Replies (1) | Respond to of 218840
 
Just my opinion, but lack of job creation is not going to stop the indices from going up. Think about it, its bullish. It forbodes better eps and prohibits true inflation. Of course, you are going to see the initial knee-jerk sell off when the numbers are announced, but soon afterward, the bull shall continue up.



To: Gary105 who wrote (31547)5/2/2012 8:57:23 PM
From: giddy guru  Read Replies (1) | Respond to of 218840
 
Poor jobs number will increase the possibility of QE3. That will fuel the mkt higher. Money has no other place to go other than US equities, though everyone knows the risks are getting higher.



To: Gary105 who wrote (31547)5/3/2012 6:26:42 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 218840
 
Yes, it would seem so, and that may be the prevailing wisdom, but these markets look 6 to 10 months ahead and definitely move counter to all common sense and/or apparent reason... clearly, if the job numbers are that bad, then QE3 is surely coming and that would therefore keep this rally going, as difficult as it is to believe...

GZ