this week will be a big one whether they are in or not

As you can see from the "ecomaniac"the Chicago purchasing manager index is on deck for monday
A preview of the ism data-tuesday we get the ism data-the market wil;l pay attention to both reports and if the numbers deviate enough either way act accordingly. We are looking for a number above 50 to continue the run if worse go ahead and buy those BGZ's triple weight leverage short ETF-We also have construction sales pending homes sales and car sales Tuesday is gonna be a big news day. Wednesday bring july factory orders and Thursday the ism non-manufacturing data
a look at the US service sector.
The jobs data comes out on Friday and bodes to set the tone for September probably the biggest number of the week.
We are looking weaker thanks to the weak Japanese data but that could all turn around come the morning look. Goldman has pronounced that there will be a 30% rise in asia stocks
forever the optimist these days they have to be very very long I have yet to hear something bearish from them. The rest of the analysts for the most part think we are well ahead of ourselves and have been bearish and wrong for sometime now -they are sticking to their bearish guns.

Lets think about it -I like manufacturing data these days as it a better reflection of what is about to happen now and ion the near future tomorrow we may bet a dose of pragmatism from the chicago preview but Tuesday"turnaround tuesady I like our chances at another push up.

I am nervous about the jobs number we all know jobs lag but if the number is bad
they will bash this and pull many stocks backwards
Stay light on your feet use the ETF's to protect your portfolio as they were intended to be used if necessary. Oil will trade with the market I see a retest by Tuesday we will have to take it a step at a time from there. oil is down 36 cents gas went up 6 now down 2
We probably open lower and bounce if not monday then Tuesday
Natty will trade with the market but probably work it's way towards 2.76 on the October contract I will buy regular Natural Gas contacts at 2.5 One of theses hurricanes is gonna hit the gulf and we are looking at frost in part of the country this week turn those furnaces on and start burning.