Tuesday, September 1, 2009

ISM api later

We get the ISM at 10 AM and the API comes out around 4 so if you see it start to move at that time or sooner for know apparent reason remember just last week 4 points on the API leak
The ISM need to be better than 50 now or we might sell a number above 50 does indeed point to the recovery and provide evidence that we are headed in the right direction
If we get a rally later I will buy some protection so I can participate in the next pullback which seems destined and IMHO will indeed be a buy