Friday, 4 May 2007
The BULLS have been having it all to themselves recently - with one good piece of news after another all Indices in US and other major stock markets across the world have entered fresh territories to the north AND with today's announcement of the monthly Nonfarm Payrolls having an estimate of 100k, it is more than likely that the upward momentum may continue - I feel with the present bullish mood that the market is in at the moment, the numbers have to be really bad to have a real negative impact on the market - as usual I am playing it safe and will not open any cfd positions before the news is out. This market data as has been mentioned here before, can really change the direction of the market trend - so be careful with those CFD trades ...
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Nonfarm Payrolls
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