Payrolls bring D-Day …

This Friday is Payroll Friday … D-Day for the markets

Big move ahead!!!

Market seems to be finally ready to fall apart … but will it happen?

Dollar on record LOWS, Gold, Oil on record HIGHS … equities close to the edge …
S&P making a new 52-week-closing low.

Charts say SELL … Fundamentals say SELL … so fasten seat belts?

RISK???

Helicopter Ben and his friends … it is as simple as that …

So far they killed EVERY breakout attempt to the downside … this time, they seemingly WILL FAIL?

Maybe this time they will MANIPULATE the payroll figures???

Expectations are:

Change in non-farm payrolls +25k in February after -17k in January

Change in manuf. payrolls -25k after -28k

Unemployment rate up to 5.0% after 4.9%

Average hourly earnings up 0.3/3.6% after 0.2/3.7%

My guess is, that to break the neck of the market, we need a higher negative number than in Janary and the 5% unemployment.

BE AWARE of REVISIONS of the January numbers … and …

Who knows how many people Bernanke and Paulson employed to make numbers look better

Tags: Bernanke, manipulation, Paulson, payrolls

This entry was posted on Donnerstag, März 6th, 2008 at 23:19 and is filed under FDAX. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.