Dream a Little Dream

By -

Friday morning provides us the monthly jobs report, and of course there is no telling what it’ll say or, more importantly, how the market will react (or, even MORE importantly, how the market will react by the end of the day………..since these days early morning activity appears to have almost no sway over where things finally wind up).

If I may indulge in the absurd fantasy that we’ll actually get a break lower in the market, I wanted to provide some key support levels which, if breached, which signify that the endless nightmare for the ursine set may well be at an end. Here are the indexes in question:

0901-indu

0901-ndx

0901-oex

0901-spx

0901-compp

Good luck, and I’ll see you on the beach.