which way monday, page-58

Hi Zoombie,
I see what you mean, but although the employment numbers were poor, the Housing Finance numbers were good, +5.1% vs around +3.0% expected. So again be careful, on News, wait a little for the direction to be evident and go with it. Although it may not be a sure trade, moving too early is definately gambling. Never gamble with the Markets, they always win in the long term............

Right now we have had an up day and from 11.30 a descending channel is forming. This has "Long" written all over it, and I would normal enter, but at the moment not, the US could go either way and if any tells you the know "which way", trading against them could be the safest......... LOL, becuase it is difficult.

Cheers...