tag:blogger.com,1999:blog-1390332969136161956.post5319577599140586891..comments2023-07-02T06:55:31.510-07:00Comments on Animal Spirit Forecasts: 5/6 1:00Steve Koteleshttp://www.blogger.com/profile/07995142353788940838noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1390332969136161956.post-56431919973907170052011-05-06T10:50:29.585-07:002011-05-06T10:50:29.585-07:00In a corrective or bear market the jobs report, un...In a corrective or bear market the jobs report, unless it really is a blowout number which this one was not, first sucks in retail buying, then flushes out shorts, then takes the longs out to the woodshed. The big traders take advantage of this herding mentality on the part of smaller traders.SteveKotelesnoreply@blogger.comtag:blogger.com,1999:blog-1390332969136161956.post-45603164430450601962011-05-06T10:22:09.231-07:002011-05-06T10:22:09.231-07:00Steve
So what do you think of yesterdays down mov...Steve<br /><br />So what do you think of yesterdays down move and the up move after the job numbers? To me it just looked like a large player getting out of the way of the numbers then jumping back in after. So the sell off continues.<br /><br />Jack CAnonymousnoreply@blogger.com