squawk

Friday Options Outlook: HIG, CL, SWY, CHK, GFI, CSCO, MIR

Agree with Hal. Your view of the present market is misplaced, or at a minimum tainted by perhaps a short position. Friday's labor report is an affirmation of fears the were ALREADY reflected in the market, & perhaps another sign that we are presently in the midst of the worst of the recession (i.e. job losses).

With the market looking out a quarter or two, the view is trending to either flat or slightly positive, not down. My view is that we will not see a contraction on the job front to the degree we did in the November report. Time will tell whether the market is right or wrong.