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Old Dec 5, 2008, 11:20am   #1
Joined Feb 2008
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Any thoughts on today NFP???

How would you play it? (FX, Eminis, and or Equities)
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Old Dec 5, 2008, 11:22am   #2
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Originally Posted by luckyd1976 View Post
Any thoughts on today NFP???

How would you play it? (FX, Eminis, and or Equities)
I'll let you know at about 1400. I may even post a screenshot...
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Old Dec 5, 2008, 11:36am   #3
 
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-240k last, -320 to -340 seems the consensus forecast, ADP going with -250k (ADP an acronym for Another Dreadful Projection.) I always look on the news feeds leading up to see if they are wheeling anyone out in the immediate post-data release to give Tv/news channel interviews, because it is sometimes a good leading indicator to a bad number. That said, I'm guessing this Bush administration have probably stopped caring, lol.

I wonder though whether the admission that U.s has probably been in a recession for past year is warning of a bad #, or whether the Election hype and Bush/Paulson recent fiscal interventions impacted by way of a confidence bounce?

As for how to play it, conevtional wiisdom suggest

-150k and below buy $
-150 to -300k await a clear direction if seen
-300k+ sell $

but these are not conventional times and markets haven't been acting conventionally
We'll know sooon enough.

G/L
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Last edited by bbmac; Dec 5, 2008 at 11:43am.
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Old Dec 5, 2008, 1:26pm   #4
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luckyd1976 started this thread Here we go. Watch the revisions

Good Luck
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Old Dec 5, 2008, 1:34pm   #5
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luckyd1976 started this thread -533k US Jobs
+100k to revisions
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Old Dec 5, 2008, 1:36pm   #6
BSD
 
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Worst since 70's or what...

Wowza !

Not good !
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Old Dec 5, 2008, 1:42pm   #7
 
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Originally Posted by luckyd1976 View Post
Any thoughts on today NFP???

How would you play it?
I wouldnt / didnt !
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