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Unemployment report this Friday


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#1 denleo

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Posted 03 April 2007 - 02:08 PM

Unemployment report this Friday. And the market is closed. Can you imagine a gap up we are going to get Monday morning? I would say 20 points minimum on S&P. This will bring us to new highs on S&P. This is a gift. The market is handing out money. Take it. Denleo

#2 Cirrus

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Posted 03 April 2007 - 02:11 PM

There will be a gap...but which way?

#3 .Blizzard

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Posted 03 April 2007 - 04:00 PM

There will be a gap...but which way?


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#4 thespookyone

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Posted 04 April 2007 - 03:44 PM

Unemployment report this Friday. And the market is closed.

Can you imagine a gap up we are going to get Monday morning? I would say 20 points minimum on S&P. This will bring us to new highs on S&P. This is a gift. The market is handing out money. Take it.

Denleo


I have a great imagination, for the most part-but not enough of a one to think that the S+P will gap up 20 points off of an awful unemployment report. It does, however appear to be a great place for a gap down Monday-now that all the "moms and dads" are fully loaded up long here -or close. One thing for sure, S+P 1440 (cash) has been rejecting all volleys into it, (multiple attempts have failed) not to mention 1450 still to be reconed with-I can see why, as a bull here,you'd hope to gap past it.

Edited by thespookyone, 04 April 2007 - 03:46 PM.