By InTheMoneyStocks on March 4th, 2010 3:37pm Eastern Time
The major indexes have been in a very tight rage today ahead of tomorrow's government job report. The administration has already prepared the market that the jop number could be poor due to the February snow storms in the north east. This should be viewed as a sadbagging tactic that has been used by the government many times before. the definition for sandbagging is to conceal or misrepresent one's true position, potential, or intent especially in order to take advantage of. The February job numbers will probably be good as most are now thinking that they will be poor. In any case the market is not stupid and will sort it out in due time.
Comments