Friday, June 4, 2010

So much for Obama's promises.. S&P 666

There were no jobs in May... and 22,000 LESS in revisions to March and April...
Double dip here we come!
Worse, the credibility of the commander in chief is seriously put to the test.
While the president raised eyebrows on job creation earlier this week, his hubris has come to light. What is worse is the LACK of new jobs being created out there...

So back to the short on S&P... no harm done as there is much more to go on our way to S&P 666

Good trading to you

DCW

Wednesday, June 2, 2010

My brakes work better than Toyota's, time to cover shorts... until friday

After a stellar month on the short size, Obama personally guaranteed me 500,000 new jobs For MAY.

Nice to know that he knows this three days before the rest of us but probably three days after the guys with the black boxes on Wall street...

During his speech at Carnegie Mellon, Obama said to expect a "strong " jobs report on Friday.
Would he stick his neck out like that if he didn't have some idea? ( how many are Census Jobs?)
Analysts are expecting unemployment of 9.8% and new job creation of 500K, so that's the benchmark.
Maybe the shorts should take the warning.

We will and wait until friday...