XJO 0.25% 8,160.0 s&p/asx 200

"I need solid evidence of US economy is recovering before I am...

  1. 5,311 Posts.
    "I need solid evidence of US economy is recovering before I am convince to trading long"

    In that case, prepare to be disappointed on Friday. Even if the jobs data is ok, it doesn't mean the yanks are out of the woods. The economic picture for the US isn't very rosy imho. They may be the biggest economy on the planet but they are managing to spend more than even the world's biggest economy can afford.

    I'm not (big picture) bullish on the yanks until they at least stop the huge spending. For trading time frames I'm pretty neutral at the moment. A sit on the fence week imho.
 
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