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
Unemployment report this Friday
Started by
denleo
, Apr 03 2007 02:08 PM
3 replies to this topic
#1
Posted 03 April 2007 - 02:08 PM
#2
Posted 03 April 2007 - 02:11 PM
There will be a gap...but which way?
#3
Posted 03 April 2007 - 04:00 PM
There will be a gap...but which way?
Down
#4
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.