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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Friday, 6 April 2012

post Jobs number breakdown

While most traders on holiday....a breakdown.Who woulda thunk...?

 
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4 comments:

  1. Albertarocks6 April 2012 at 20:54

    CR... buddy... am I going nuts or am I really seeing that the futures fell off the cliff? Here's a screenshot I took from ForexPros. Someone tell me I'm not hallucinating. If this is the case, the markets would open on Monday having penetrated into the air pockets below.

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  2. Anonymous6 April 2012 at 22:46

    Dow Futures are down 78 and well off the lows.
    Yawn.

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  3. Chartrambler6 April 2012 at 23:10

    hey AR yes looking that way..I took a long hedge with the Dow on Friday against my FTSE,Cac,Dax shorts,and I am happy to say it was stopped

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  4. Chartrambler6 April 2012 at 23:29

    Mike I hope you don't forget to follow PRICE which as you so often lecture us mere mortals is the only truth.Lets see what PRICE is telling us on Monday but it looks to me like we got a breakdown from the rising wedge.In classical TA that would target 1150,the base of the wedge but in Bernanke's universe bears have learned that normal rules don't apply...as your friend TBone would say "game on bitchez" ?

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