Economic data...your thought

Hihihi Victor and Anonymous,

Thanks guys. I think we all have to decide which one is “supposedly more relevant” given the mkt conditions to suit one’s trading.

While HS and SH tend to over-n-under stretch, they usually take cue from DJ on a longer term basis as most funds are coming from US. As long as US funds managers think US market is doing fine they will invest elsewhere. So, to me DJ is the core in longer term trading and maybe, HS and SH for intra-day or short term cues.

At the mom, I think we should focus on consumer data to gauge demand in economy to boost growth. I don’t think we are at a stage to worry about inflation data…at least not yet.