Fundamentals

Once again I will try to give some insight to the fundamentals.

In todays trading, too often action like today with the employment numbers folks will ask why? Dell, you talk of fundamentals, but when the news comes out the markets does opposite what the fundamentals say. Well first off, these numbers are not fundamentals. These numbers are manipulations. Statistics to prove anything that the individuals putting them out there wants them to show. If you look into those numbers (and I refuse to anymore) you will see things like Nov. revised up even Oct revised up. So which is worse to days numbers or the messaged numbers a month from now.

Employment numbers lag the markets and as a result you get head fakes all the time watching these things. What these numbers do tell you is fundamentally, we are not improving. Take the swings out, and you will see these numbers sink in in the next few trading sessions.

Remember economics is supply and demand. Knowing where the supply is short or too much leads to profitable trades. That is fundamentals.

Just because economists "polled" expected 525,000 and it was only 524,000 does not mean anything at all other than a day trader takes a spike and gets out with a loss or profit. For my style of trading, it is a mere blip on our radar screen.