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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: ild who wrote (17564)12/3/2004 7:03:31 PM
From: mishedlo  Read Replies (1) of 116555
 
Heinz On Spam and other things
also via email

Mish to Heinz:
On a side note I was surprised by the rally in gold and silver and for that matter the Euro after the initial reaction today. These consumer confidence numbers are interesting in a way. When they are dipping so are jobs. Useless for about anything else but I think the reason people were discouraged was NO JOBS.

Heinz:
no jobs, high gas prices, and falling real wages....in that order i think. also, a vague feeling that the empire may be in its waning days probably contributes as well (a Prechterian social mood shift is taking place iow.).

regarding spam, stock touting e-mail spam is now 70% higher than at the top in '00. got that datum from Prechter (to give proper credit), but i've noticed personally as well that it's way up. Prechter quantified it somehow, althogh the methodology wasn't disclosed - he only presented a chart in one of the recent EW Theorist issues (i always download them when they have a free week).
===============================================================
A repeat of the Spam Email I sent Heinz
Thanks to ILD....

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