Tomorrow brings the "unsure" trade, the riskiest of all...

The trades which come from markets like tomorrow's are ones which are the most risky. Primarily because of mixed sentiment, both bulls and bears are huffing and puffing. Unsure trades make for jumpy trading, over trading and most of all double down. One's best bet is to guage opening sentiment is too watch the trend develop after the first 10 minutes of trading. Every stock, especially options trade wildly at the open, eventually settling into the true market, it is easy to get wacked by a bid being walked down after a day where shorts are squeezed because overnight sentiment changed.
The GDP number which is expected to show a shrinkage of around 5%. SOme people think this is not going to tank the markets because of an article in which Rep. Barney Frank stated "We're hoping there won't be any government funds in banks a year from now," Link here: http://bit.ly/HhlAe Another factor which will weigh on sentiment is the annual meeting over at Bank of America... I think we might be seeing a call for Kenny boys head. Lets hope for the worst, HA. no but i am not a perma bear but if we do rally on some fluff news this week the harder we will fall.

Posted in: BAC,GDP