My philosophy for trading is -- understand why something is happening economically and then look at the price action. If both of them works, go trade. If one of them is starting to fall apart, get out. And if both fall apart, get short,
-- Dennis Gartman

Chartz And Table Zup @ www.joefacer.com

Reeelly Important

http://www.bloomberg.com/apps/news?pid= ... &pos=1
http://www.bloomberg.com/apps/news?pid= ... &pos=3
http://www.cnas.org/blogs/abumuqawama/2 ... ation.html

http://www.jsonline.com/business/92418964.html
http://www.msnbc.msn.com/id/37037022/ns ... ws-europe/
http://www.msnbc.msn.com/id/37028501/ns ... gton_post/
http://www.bloomberg.com/apps/news?pid= ... &pos=1
http://www.bloomberg.com/apps/news?pid= ... amp;pos=11
http://www.bloomberg.com/apps/news?pid= ... &pos=5



The spike down Thursday is NOT the story. Here's the last thirty days with the spike down drawn in in a different color. Detect a trend? One thousand points down in 9 days within which is one thousand point down and back up in 15 minutes. Which do YOU think bears more weight?

MORE REEEELLY IMPORTANT
http://www.ritholtz.com/blog/2010/05/de ... aming-hft/

Here what a play by play of the spike down sounded like...
http://www.ritholtz.com/blog/2010/05/be ... er-taking/



http://www.ritholtz.com/blog/2010/05/wa ... a-mistake/
http://www.ritholtz.com/blog/2010/05/ap ... -old-news/
http://www.ritholtz.com/blog/2010/05/ar ... ed-orders/
http://www.ritholtz.com/blog/2010/05/th ... nnot-hold/

http://www.ritholtz.com/blog/2010/05/nfp-post-mortem/
http://www.msnbc.msn.com/id/37048718/ns ... d_economy/

MONDAY EVE...
http://www.bloomberg.com/apps/news?pid= ... OKSoGY6hLs

http://www.washingtonpost.com/wp-dyn/co ... 0050704340
http://www.thestreet.com/story/10750843 ... l=dontmiss
http://www.boston.com/bostonglobe/edito ... _tank?pg=1
http://www.bloomberg.com/apps/news?pid= ... &pos=1
http://www.bloomberg.com/apps/news?pid= ... amp;pos=13

http://us.ft.com/ftgateway/superpage.ft ... 1531051380

Find all of the article in the link below. I discount conspiracy theories pretty deeply, but...



http://ampedstatus.com/high-frequency-t ... ted-states

Stay Tooned.

More here this weekend.
Where I Screwed Up, Where I Did Good, What's Next....

Still in cash and bonds. The Financial Times Gateway link above
and the increasing liklyhood of a double dip recession keep me cautious...