Replies to post #16177 on The New CS Board

[jonnytrade]

Of course I think its a win either way for the bulls tommorow because of the weather.
If the number is really good geez we may see the moonshot rally .
What would concern me if I were a bull would be a sell off....... either way it would be very bearish if the nfp pop did not hold .

[YellowBull]

Cramer is always bullish. Remember the premise of his show is stock picking on the long side. Of couse this stratedgy has worked perfectly for many, many years. I pretty much buy stocks I like when the RSI is below 30 and either hold, or sell if if there is a quick reversion to mean. Every once in a while I'll hedge short with some SDS or QID when the market finally looks like it's rolling over, and it has only served to cut into my profits. One of these years I'm sure my hedge will be correct, haha.

[jumanji0881]

I listen to Bloomberg radio in the mornings and some guy was on this morning expounding on all of the reasons why the market is going higher (S&P to 2014, DJIA to 17700). The problem is a lot of what he was saying as fact was just not true such as the US is exporting more when in fact the trade deficit was up this past month in part due to lower exports. He was saying we're experiencing a normal economic recovery now (not mentioning all of the Fed liquidity). etcetera, etcetera.