Friday, November 6, 2009

11-07-09

The current job numbers came out 10.2% very bad. Feel like the market just doesn't want to go down yet. I am not going to change anything until after monday. I implemented everything i talked about on the close on thursday and was up at the open but now i a down a good a bit and feeling frustrated. at this point i should probably double down but i don't have the courage to do so.

There are so many market technicians calling a head and shoulders pattern i am waondering if the rally is going to fail. The consumer credit markets come out at 3:00. This could be setting up as a nasty sell off into the close.

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