PRE MARKETS
Jobs number- lost 68K- and if you take out the increase of 38K in government jobs- the private sector lost more than 100k. The month of January jobs was also revised and now is also a negative number. And the Fed Funds futures are pricing in a 100% chance of a 75bps rate cut in March.
Crude oil- down 20 cents at/near $105.25;
Gold- at/near $980;
Silver at/near $20.35;
ES Futures- -13;
NQ Futures -9;
YM Futures- 128;
How many traders are going to want to short any rallies?
And what exactly is George W Bush's legacy going to be?
posted by DAVID at
8:59 AM
3 Comments:
"And what exactly is GW's legacy going to be?"
Apparently, the Am. public does not seem to be too concerned. They are gung-ho about McCain as the next President. He vows to carry on ALL of GW's policies.
And that is because he is way ahead in the polls- or on the futures site- and exactly what is going to be W's legacy?
Legacy???
You didn't see how nimble W's legs were waiting for Johnny on the porch of the white house?
Next stop... Dancing With the Stars. Just get the Supremes to be the judges and it will be a slam dunk he will be the next winner.
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