Friday, November 06, 2009

Pay "ROLL" ME!!

The circled bar is the "actual" open of the markets, this is the ES futures with the over nights, ANYWAY, SUCK CITY!!! The first bar actually went down a little, then it was adios MF'er's, taking us right back up to the over night highs, where we were right before the payroll release, and then just shit around all day, never able to get over that level again.
Now, mind you, the markets finished UP, so, it makes for some fun when the yakking yelling heads, when asked about why OIL was down, said, well, oil is down because of the poor payroll report, and the possibility of reduced demand!!?? When asked why GOLD was UP, while the dollar was UP (I thought the "market" goes UP, when the dollar is DOWN??), they said it's the increased demand for gold as risk increase's in the equity markets because of the poor payroll report!!??? When asked why BONDS were UP, they replied that the bond market was up because it was seeing increased risk to the economic recovery, because of the poor payroll report!!!???? "They" had NO explanation for the dollar being UP.

Oh, yea, that's right, the markets finished UP, didn't they!! Hahahaha, I'm telling ya, well, I ain't telling ya, other than it SUCKS!! When asked why the markets finished UP, well, they had NO explanation for that.

You can tell of course, I was listening to Brian Westbury, and Stan Stoval of S&P.


6:35AM: Hmmmmm, Da Boyz sprung the trap just before the release of the numbers, the ROACH's!!! The payroll number's themselves were a little mixed, as the -190,000 is worse than the -175,000 "expected", but it's still a lot better than it was a while back, HOWEVER, the unemployment RATE jumped four tenths of a percent to 10.2%, a huge leap!

The interesting part, to me at least, was the trap Da Boyz sprung on that 5 minute chart at the bottom. Since Da Boyz run the government, I mean by that Goldman, Merrill, JPM, BAC MS, etc etc etc, they KNEW EXACTLY what the number was going to be, and they ran the future's up to the high's for the over night session, on the bar RIGHT BEFORE THE RELEASE, IE, they sucked in as many, aaaaahhhhh, SUCKERS, as they could, giving the impression that the people in the "KNOW", were piling in on an anticipated GOOD number, hahahahahahahaha!!!! SIGH, this is EXACTLY, why I don't even REMOTELY, think about trying to game the "NEWS"!

ANYWAY, I find the daily chart of the future's, at the top, interesting, as we are putting on a BOF, a break out failure bar, on the daily chart, making new rally highs, and failing to hold them. ANYWAY, I have NO IDEA what, "THEY", have in store for us the rest of the day, we are currently down even MORE, this is 6:49 right now, if we continue to dump into the open, "THEY", could be setting up another trap, with a "BLAST OFF" after the open, THE ROACH'S!! Sigh, god I hate this newsy shit, anyway, it goes with out saying, that I'd be a little, aaaaahhhhh, CAREFUL, out there today.

Good luck.

7:05: On a personal note, DEPENDING ON THE ACTION JUST BEFORE THE OPEN, I will be uncovering the short legs on my positions, right after the open, IE, take the hedge's OFF. Naturally, my mouse finger will be bouncing like crazy, ready to put them back on in an instant, but if we continue down right into the open, I'll feel more comfortable taking them off, HOWEVER, if we get some kind of little counter trend rally going into the open, then, NO, I won't take them off, I'll hold on to them, in anticipation of a TEST of the premarket lows, after the open. By a test, I mean I would like to see them TAKE OUT the premarket lows, and then maybe one or two bars later, rebound back up, some thing like that.

Anyway, it will probably get my attention this morning, hahahaha!

3 Comments:

Anonymous said...

good luck today!! as for swine flu, naaa.. you dont get out enough to get exposed hahaha!!! but seriously it has a high fever so if you dont, then your'e good!
debh in calif!

sysin3 said...

looks like another lying, thieving, asshole politician to me (of course, those are redundant terms)

http://www.businessinsider.com/the-jewish-avengers-million-dollar-birthday-cake-2009-11

sysin3 said...

the natives are restless ;-)

http://www.youtube.com/watch?v=DiTikduJ15Y

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