Tuesday, June 2, 2009

03/06/2009 Pre Market

08.25 am Amsterdam

Nothing really special overnight. S&P future is trading around 944. I hear positive comments, economic figures everywhere. But I am skeptical. all the figures are not positive, just not as bad as 3 months ago. This is the counter argument some bears like me bring to the table. I also know, the market is buying the expectation that this better than previous will turn to recovery figures soon. And that is my second concern. We will see.

Today is the ADP employment change figure. Big figure.

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