Friday, October 8, 2010

10/8 8:15

Jobs report at 8:30.  Closed out crude short at 80.675 on what appears to be a completed 5-down.
Stocks completed their abc up and are in a decline on their way to Dec SP futures 1142.  This is, of course, without the jobs report gumming up the works.  I'm currently flat stock futures.  I'll put in an order short Dec SP futures at 1155.50 to catch an uptick.  If the report is an unexpected big gain in jobs then I'll cover the short futures at market.
A decline to 1142 will allow me to sell SDS or cover futures at profit.
Sold the long dollar DX futures at 77.95.

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