Thursday, November 1, 2007

For Friday, Oct 2nd

Unemployment Situation will be released at 7:30 am Central.

This Big news in the morning will round out a volatile week in the eMini S&P and similar markets.

We got the drop today I was expecting, so I will be looking at shorting rallies against the
Resistance Numbers (or previous Support.)

The Fed's reminder of inflation was reported as the cause for Wall Street fears as equities fell and I also read Ford and Chrysler are cutting jobs - not great for the economy - Sell it folks

Sell those rallies as the maret trends down – the trend is you friend.

Support and Resistance Numbers for Friday, Nov 2nd, 2007: