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I am shorting Nasdaq 100 at this level, it failed to advance further after data this a.m., plus it went to far to fast, market is due for major pull back.
It's about at the same level as when it crashed last time.
Just another opinion.
I think oil is likely not to rise too much over the next few weeks due to seasonality and also some bearish looking short term patterns. For that I have a small put position on USO.
mozart wrote:I am shorting Nasdaq 100 at this level, it failed to advance further after data this a.m., plus it went to far to fast, market is due for major pull back.
It's about at the same level as when it crashed last time.
Just another opinion.
mozart wrote:I am shorting Nasdaq 100 at this level, it failed to advance further after data this a.m., plus it went to far to fast, market is due for major pull back.
It's about at the same level as when it crashed last time.
Just another opinion.
Hilsenrath, the Fed Whisperer at the Wall Street Journal writes this morning that the jobs number means the fed will rase rates at the June meeting. Plossner, who is retiring next month said the same thing on CNBC. Gotta love it, the best jobs numbers in years are bad news for multinationals.
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