Paul Mendelsohn Quotes

Most traders will really be positioning for the October employment report. Economists are expecting that non-farm payrolls rose by approximately 50,000 during the month, providing evidence that with two straight months of employment growth, the jobs picture is finally turning around.

- Paul Mendelsohn

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Traders | Positioning | October | Employment | Report |

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Everybody pretty much knows what they're going to do -- they're going to raise the fed funds rate... everybody's going to be looking at their policy statement to see what the future is going to bring. - Paul Mendelsohn

If we see a clear outcome in Iraq, then if the economic news kicks in and it's pretty good too, that could be our catalyst. If not, then the (recent) declines become more worrisome. - Paul Mendelsohn

The market looks good here on a technical basis, but you're also starting to approach some overbought areas, which could send us lower. - Paul Mendelsohn