Profit-taking is healthy … right? Traders bracing for rate decisions and jobs report

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Profit-taking is healthy … right? Traders bracing for rate decisions and jobs report

[MrTopStep.com] - Chatter – revisions expected … However, the crowd reacted well to Sam_E(09:07) chatter a budget deal is done – imminent – by bidding the S&P 500 up to an intraday high of 1799.30, less than a handle above yesterday’s daily high. It was a great opportunity to get in the trenches, talk to other traders (both experienced and green), vendors, brokers, etc. We delivered a speech on option selling which gave us an opportunity to network with a community of traders that shared our advocacy of the strategy.

http://us.rd.yahoo.com/finance/news...taking-healthy-traders-bracing-221948480.html
 
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