Friday, March 5, 2010

Morning News Notes: 3/5/2010

The "Morning News Notes" as prepared by TL...non-farm payrolls, the Fed, jobs bill, and Greece.


Just click on the link or the coffee mug below.
Posted by Guy M. Lerner at Friday, March 05, 2010
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2 comments:

D-man said...

I think your case of "lower prices first before moving higher" won't realize; the time is running out for sellers to push it down. This market won't correct more than 10% this year :) there is too much greed in it (or manipulation I don't know). Good news as well as bad news are all bought...

March 05, 2010
Guy M. Lerner said...

I still see it differently for now, and I will be out with a post to that end. We are still setting up for a reversal. Within the context of the current market dynamics a reversal is very likely in my opinion. A continuation move is possible but I don't see it that way. That opinion could change but today's action doesn't change it.

March 05, 2010

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