Thursday October 20, 2005 - 11:26:51 GMT
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Black Swan Capital - www.blackswantrading.com
•Key reports due today (WSJ):
8:30a.m. Initial Jobless Claims For Oct. 15 Wk. Consensus: -29K. Previous: -2K.
10a.m. Sept. Conference Board Leading Indicators. Consensus: -0.4%. Previous: -0.2%.
10a.m. DJ-BTM Business Barometer For Oct. 9 Wk. Previous: -0.1%.
12p.m. Oct. Philadelphia Fed Business Index. Consensus: 10.0. Previous: 2.2.
“The trading mind tends to skew the probability favorably or unfavorably based upon recent events.”
$ Index (inverted) vs. Eurodollar futures vs. S&P 500 futures: still showing some correlation…
A setup: Short EURAUD?
Black Swan Capital
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