Deep Thoughts

What do we have to look forward too. Financially speaking of course. Well the job numbers are about to come out. This is setting up for a buy the rumor sell the news. Since 1998 in january we have had negative returns on the $spx after the release of the jobs number.

The US is gonna have to raise rates soon. China just increase rates along with Korea. Also if you look the 30 rate for mortgages has been kreeping up. Even if the fed doesn't raise rates it will happen with out them.

I am not in the double dip camp but i am looking for a pull back. This could be a wrong thought but i do believe a 10% pull back is needed for a healthy market here. If we don't get it i will get stopped out and lose money for a 5th time. Thank god for daytrading.