It's cliff time, 24/7, but the Dec Unemployment report and Q4 earnings are also important.
My FF is a worse than expected earnings report, consumer confidence down, and a worse than expected DEC jobs report
There will be some sort of FISCAL CLIFF deal but any rally will be shortlived. Looking at the daily MACD on all major indices the best bullish scenario is a Kiss Up but this will be followed by a rapid decline to test the SPX 1220/1230 support.
January will be a DOWN month but remain open to be proved wrong ......
Am flat now, may buy SPY and QQQ puts later today.
FF in CLIFF, Q4 earnings, Dec Jobs report
Started by
dTraderB
, Dec 31 2012 11:54 AM
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