Sunday, January 3, 2010

fed and unemployment

The top two stories on cnbc right now are we may get a positive job number and the fed won't rule out rate hikes to pop assett bubbles. Could this be a buy the rumor sell the news? You could probable get long if we gap down on monday for a two day trade. Sell well before the jobs numbers come out.

The rumor is we have good jobs numbers and the news is that we are getting higher rates.

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