Well I guess the speculation was true. Horrible jobs numbers but they sneak it in on a Thursday when no one is around and hope it will get forgotten. Flurry of activity early on and now the NYSE is hearing crickets. That probably means we don't break 900 and the bias may be to drift higher into the close. Who knows but regardless the move the rest of the day shouldn't mean anything.
Which is why I said the first three trading days will tell you alot about this month. It will be interesting to see how Monday reacts.
I am about to head off to the annual trip to the frio near Garner State Park. Meeting up with a bunch of friends to float the river, maybe fish, tell stories, and have fun. Have a great 4th!!!!!!
Thursday, July 2, 2009
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