That is funny... how about 'Stocks regain ground as Jobs Report highlights need for additional stimulus'? Yes, Krugman style.
Bull wiseguys will talk about a market that refuses to go down despite bad news. Give me a break and see the reality beneath this; the market knows it now runs on one thing and one thing only, compliance; of Fed, Treasury, Congress, President, global trading partners/Ponzi scheme co-conspirators and most of all unquestioning market participants that only care about asset prices, not what drives them.
The bulls are nowhere near dead yet and if they manage to get this in gear for another leg up it would be wise to remember that this is all in anticipation of QE2 (in other words, panicked inflation 2) and if it works, the stock market will confound bears while bulls in the traditional sectors and geographical locations that the financial services industry tends to stuff into peoples' investment accounts will lag terribly as broad US stocks remain in a bear market in real (i.e. gold) terms.
Ah, Dow down only 27 as of this moment. Too funny.
Edit (11:14) Okay, now this is more like it. Watching things like the moving average clusters (support) on the leaders like NDX & RUT may be instructive as to whether or when to get more short. Also of note, the relatively bullish structure of the China 25 (FXI) and emerging markets (EEM).
