Heavy hitting on the economic calendar starting with ISM tomorrow at 10. Since everyone already expects a rate cut, a nasty number will reinforce the R (recession) word and might not be greeted with much enthusiasm.
On another note, a lot of folks are short out there and whatever the news, beware of the fact that it gets priced in at some point and we could get one heck of a rally this month.
Watch those gaps, still unfilled.
On another note, a lot of folks are short out there and whatever the news, beware of the fact that it gets priced in at some point and we could get one heck of a rally this month.
Watch those gaps, still unfilled.
This entry was posted
on Monday, September 03, 2007 at 9/03/2007 08:08:00 PM.
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