Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sergio H who wrote (9676)	9/7/2001 11:47:34 AM
From: James Strauss	Read Replies (1) of 13094

Sergio: There has been much anticipatory discussion on this thread over the months regarding the disbelief in the published unemployment numbers month after month given all the layoff announcements... Today's 4.9% unemployment number was probably back loaded from prior months... This leads me to speculate that the real unemployment number is over 5%... One could argue that this is the trough in the economy, and it gets better from here... Or one could connect the economic dots to this scenario: Fewer workers>>>Reduction in retail spending>>>Reduction in raw materials needed to make retail goods>>>More layoffs>>>Further reduction in retail spending>>>More production and service side reductions>>>etc., etc., etc, and the housing market swoons>>>Reduction in lumber sales>>>Reduction in plumbing and electrical supply sales>>>Reduction in appliance sales>>>More layoffs... Unfortunately, only time will unwind this capital expenditure recession... Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next