Sell Side Friday

Kudlow is putting them to the test here.


Without the big run up this week and closing stronger on the last half hour of the trading session, it might be hard to believe that tomorrow(Friday) has the opportunity to take us closer to the 11700 lows on the Dow.

The CPI numbers come out 830am EST tomorrow. This could set the tone for the day and structure a sell off all by itself.

http://www.bloomberg.com/apps/news?pid=20601087&sid=ajgfmr4PRbxQ&refer=home


The game is on as the Dollar makes gains this week, while the Markets drive the idea that the Fed should not raise rates at this time. The cost of borrowing needs to stay cheap so the Market can have a proper rebound. One that is not structured by the government givings in the form of stimuli packages and corporate buy outs.

If the Fed raises the rate, we might see 11000 on the Dow from 2006.

It wasn't that long ago, but this trip seems like it is taking forever!