Indices closed down less than .5% ahead of jobs report.....

Indices were down less than .5%.....

Internals were much weaker than close....

VIX Down .5% to 22.10

SO..it is all about..."mother of all reports...jobs report"

My guess is.... that jobs report will be better than consensus.....which should give market another "decisive leg UP"

Doug Kass is also "freaking out about US economy"......the trouble with many gurus are "they start to take themselves too seriously"..Doug Kass is trying to tell market what to do...has NOT worked for any pundit..from Joe Granville to Robert Prechter..all have failed miserably most of the time.....

US & World economy are all chugging along nicely @ slower pace ...market TAPE likes that pace....thus a worldwide strength in equities....which is not changing anytime soon......

I see a major short squeeze which will propel this market higher.....

AH Futures are mixed

AH Asian markets Down

AH Oil UP

AH Gold Down

BLOG does NOT give buy or sell.

Saleem