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To: Earlie who wrote (140886)12/29/2001 10:26:14 PM
From: John  Read Replies (1) | Respond to of 436258
 
Earlie,

You know better than to question the "logic" of the machine. Buy more NASDAQ and repent at once!

John



To: Earlie who wrote (140886)12/30/2001 1:24:28 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
Nonfarm Payrolls for December (change in thousands)
Friday, January 4 at 8:30 a.m. ET Actual:
Median Range Responses Dec01 Nov01 Oct01
Payrolls -150k -200k to +25k 13 -- -331k -468k
Jobless Rate 5.8% 5.8% to 6.0% 13 -- 5.7% 5.4%
Mfg Payrolls -90k -110k to -60k 3 -- -163k -124k
Hrly Earnings +0.2% +0.2% to +0.3% 13 -- +0.3% +0.1%
Avg Wkly Hrs 34.1 34.1 to 34.1 13 -- 34.1 34.0

Comments: Nonfarm payrolls are expected to fall 150,000, further
evidence of labor market deterioration, but reflecting improvements in
unemployment claims data. Construction sector hiring should benefit from
warmer-than-usual weather, but the manufacturing sector (-90K) is
expected to post another decline. Retail hiring should be down after
seasonal adjustment as hiring has been less than in previous years. The
jobless rate is expected to rise to 5.8% in December after jumping to
5.7% in November. The December data will include revisions to the
household survey
, which determines the unemployment rate. Hourly
earnings are seen rising a below trend 0.2%, as wages growth slowed due
to the recession. The average workweek is expected to remain unchanged
at 34.1.

Domestic Motor Vehicle Sales for December (mln units, saar)
Wednesday, January 2 through Thursday, January 3 Actual:
Median Range Responses Dec01 Nov01 Oct01
Car Sales 5.4m 5.1m to 5.8m 5 -- 6.4m 7.8m
Lt Trucks 6.6m 6.6m to 7.3m 5 -- 8.4m 9.9m

Comments: Auto and truck sales are expected to slow to a 12.0
million annual rate in December after a still strong 14.8 million sales
rate in November. The retraction of zero percent financing will
continue to reduce the sales rate.



To: Earlie who wrote (140886)12/30/2001 2:50:16 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
Hi Earlie, I am a bit removed from the US markets (6000 miles east of NYC) and was just wondering as to the opposite views on SI - Bearish and the positive tone emanating from outfits such as Bloomberg and other news services who are almost declaring an end to the present recession........ which IMHO is not in reach yet ........ but again would appreciate yours or any other comments.

Also would appreciate any comments relating to the current exchange rates more so the Yen / Dollar situation and any assessment to the hype regarding the launch of the Euro.

It seems to me that the Euro may get a bust the question is how much.

thanks and Happy New Year to All
Haim