Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (92213)	1/9/2010 10:54:48 AM
From: Copeland	2 Recommendations Read Replies (4) of 94695

Although the jobs numbers for December were slightly disappointing, I'm in fear of the January number. Since April, the labor department has added about 900,000 to a million jobs via its birth/death model to reflect theoretical small company job growth. Those numbers have to be extracted and that's usually applied to the January numbers (to be released in February). Remember the 2009 January jobs report? The market didn't like those numbers one bit. Part of the panic was a result of the labor department pulling 360,000 jobs on top of the predicted expectations because of the birth/death model, making the numbers look really bad. Beware February 4th.

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