Posted:
#526
damn it touched 132.18
Schools out for[ex] summer....June edition
Posted:
#543
I donnt know what to make of these conditions we have right now...i cant see EU pushing through 1.2670s,but it normally doesnt explode when stocks are down..i thought the DJIA would sink this week and i figured EU and risk would take it on the chin,which they did for the most part until this morning...NOW WHAT?
I think the data tomorrow make for a crazy day and we make some new highs/lows then we get corrections early next week..but even that is just guessing but some of the tech levels on the charts are insane..
Posted:
#549
from one scribe...
We were told that the unemployment number dropped from 9.7% to 9.5%. That's a good thing, right? Well, no, not really. The number dropped because the number of people counted as being in the labor force dropped. If you haven't looked for work for four weeks, you are not counted as unemployed. If you add those who were taken off the rolls back in, the unemployment number would have risen to 9.9%. In the past two months nearly one million people have dropped out of the labor market.
If you counted all the people who would take a job if they could find one as unemployed, the unemployment number would be closer to 11%.
Posted:
#550
Vermeer,
I didnt get how those numbers came out like that on friday, the survey on Thursday pointed to a LOSS of payrolls, then they somehow come out positive?
To me it seems very manipulated and very inaccurate, it is like they lead these numbers knowing if they reported hard numbers that the market would tank.
I didnt get how those numbers came out like that on friday, the survey on Thursday pointed to a LOSS of payrolls, then they somehow come out positive?
To me it seems very manipulated and very inaccurate, it is like they lead these numbers knowing if they reported hard numbers that the market would tank.
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