Well it was a big up day on Friday. Did you see what happened? The Non-Farm payrolls was higher than expected, but even bigger than that: They revised the previous month's report up by 95,000 jobs. I wonder who is counting those original numbers (because they might want to check their math.)
That pushed the S&P and the Dow to new intraday highs and another record. In fact very little has been holding this market back.
But don't be surprised to see a little bit of a pullback this week. We get the start of earnings and this market has a lot of room on the downside to move lower and still not give back much.
Trade Date: 10/05/07
(before fees and commissions):
10:09 OTF Sell 2.75 - -1.25 all
(before fees and commissions):
1) Buy @ 8:41am at 842.8 = -1.2 (1 lot)
2) Buy @ 9:17am at 841.1 = -.7 & -.7
3) Buy @ 9:20am at 840.8 = -.4 (1 lot)
4) Sell @ 9:37am at 840.0 = -.8 & -.8
5) Sell @ 10:54am at 849.2 = b/e & -1.2
6) Buy @ 1:35pm at 850.3 = +.5 & +1.7
7) Buy @ 1:55pm at 851.3 = +1.4 (1 lot)
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