Red

That would be great news Robert, as I think tomorrow we’ll put in the high for the week. What’s your thoughts on the rest of the week?

Seasonal weakness playing out today as advertised. Be advised, tomorrows ramp up could see a failure.

Here’s what’s coming on Friday…

Mar 04 08:30am ET Productivity-Rev. 2.3% Medium
Mar 04 08:30am ET Unit Labor Costs – Revised -0.3% High
Mar 04 10:00am ET ISM Services 59.0 Medium
Mar 04 08:30am ET Nonfarm Payrolls 180K High
Mar 04 08:30am ET Nonfarm Private Payrolls 193K High
Mar 04 08:30am ET Unemployment Rate 9.1% High
Mar 04 08:30am ET Average Workweek 34.3 High
Mar 04 08:30am ET Hourly Earnings 0.2% High
Mar 04 10:00am ET Factory Orders 2.1% Medium

If those NFP’s aren’t good, look out for big sell off…

Wow! If you were to simply look at the charts and ignore the volume, you’d conclude that we are heading down into a wave 3 right now… but volume doesn’t support it. Meaning that it’s likely only a B wave down, which should reset the charts so they can ram it up the bears behind tomorrow. Thugs!

You know it GG 🙂

Breadth just falling way down from earlier Keep your eye on that 🙂

let’s review the list.
Greece, Italy, Ireland, Portugal, Spain, maybe Iceland, Egypt, Tunesia, Bahrain, Libya, and oh, I almost forgot Dubai.

(be afraid, no. be afraid, no. be afraid, no, rinse repeat)

let’s review the list.
Greece, Italy, Ireland, Portugal, Spain, maybe Iceland, Egypt, Tunesia, Bahrain, Libya, and oh, I almost forgot Dubai.

(be afraid, no. be afraid, no. be afraid, no, rinse repeat)

let’s review the list.
Greece, Italy, Ireland, Portugal, Spain, maybe Iceland, Egypt, Tunesia, Bahrain, Libya, and oh, I almost forgot Dubai.

(be afraid, no. be afraid, no. be afraid, no, rinse repeat)

Just shows you how weak this rally is becoming.

I think we will be able to sustain rally after POMO kicks in (just taking a small breather)

This whole rally today is probably based off Buffett anyway. He is just so confident in 2011.