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Re: Futures Jump After Encouraging Jobs Report

By: Decomposed in ROUND | Recommend this post (0)
Fri, 05 Aug 11 5:32 PM | 51 view(s)
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Msg. 34319 of 45644
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And now the DOW is down as well.

I guess analysts are taking a second look at those jobs numbers and not liking what they're seeing.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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The above is a reply to the following message:
Re: Futures Jump After Encouraging Jobs Report
By: Decomposed
in ROUND
Fri, 05 Aug 11 5:30 PM
Msg. 34318 of 45644

re: "We'll see how UAL and KGC do today."

Neither stock is doing as well as I'd have hoped. Both are up, but I'm not going to rush to sell them either.

I think that perhaps with all of the overnight negativity, many investors are not yet changing their minds about getting out. It could take a few days for most of the market to return to where it was on Wednesday night.

And that assumes that there's no more bad news.

I'll keep my fingers crossed. Looks like I'll be hanging on to my recent purchases for at least a few days.

The DOW was up nearly 200 earlier today. It is now up by just 18.

The Nasdaq, S&P 500 and gold are all DOWN.


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