Good Morning all
Big Ben up on the hill for the next 2 days, my bet is he's going to be not too hot or not too cold. The FED is dead stop here albeit they will always jawbone about the "fighting inflation" syndrome, and that other hint to the street, they will raise rates if this or that happens yeah yeah yeah, blah blah blah. Every single Fed member keeps yakkin away at this, I wonder if they think we're all dumb and dumber huh? When you cry wolf enough then it just goes on deaf ears. Bottom line? If they ever stopped this silliness the markets would be out of control, so they keep the pressure on all the time. Next we have this bottoming process in the housing sector that will take another 6 months or so in the real world but the street will be buying these names well ahead of the expected turn. On top of all of this is the mere fact that eps reports have come in much better then expected and the forward guidance which I think is very conservative anyway, seems to be weaker then normal but certainly beatable, or should I say easily beatable next reporting season. Ohh the games the CEO's and the corps play giving out guidance, what a joke. It matters not to us since were scalp trading anyway, doing some longer term option swings etc. There are some eco reports coming out today and thru the next 2 days leading to the PPI. Asian markets exploded last night on the "possible" end of the Korea threat. Of course ILL JUNG EEL you spell it, can change his mind(what mind) on a dine. Well over there let's call it a nickel<g>. Folks I am imploring you all if you stick and stay the course all good things will come to you that dig in hard and follow the rules. Many of you were up nicely yesterday, only to lose it all in the afternoon? Sound familiar? It's amazing how important it is to just trade something anything as long as you can click that mouse!
Market Data 
Markets 
AI
