SI
SI
discoversearch

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 : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Oral Roberts who wrote (43386)7/3/2003 9:02:55 AM
From: Shoot1st  Respond to of 57110
 
I think I'll buy a dip or two today.......

Sooooo....we should tank non- stop for 6 1/2 hours......

I think the merkit grues think that comparing bad to worse.....makes worse look good.

Shootie



To: Oral Roberts who wrote (43386)7/3/2003 9:03:24 AM
From: Oral Roberts  Respond to of 57110
 
Anybody that is short and giggling needs to keep in mind that the pattern on these bad news gaps down is for panic buying to start in the futures pits (bargain hunters I'm sure) and for us to end the day green.

Might want to look to cover the initial plunge if the futs pits light up.



To: Oral Roberts who wrote (43386)7/3/2003 9:41:49 AM
From: AugustWest  Read Replies (1) | Respond to of 57110
 
O ma Gawd,
Oral are you listening to Elaine Choa's spin* on the unemployment numbers?
what a piece of work she is.
must have graduated from CNBC "School of Spin"

Now Kudlow putting the "lagging indicator" spin on the report.
Guess I should never under estimate them.
though I rarely do.

*"We could almost look at this in a positive light
because it means 611K people are now re-entering the market looking for jobs.
this means people are now positive on the jobs market
which is positive."

Or maybe it means their bennefits are done and they are out of money, no?



To: Oral Roberts who wrote (43386)7/3/2003 10:22:59 AM
From: zonder  Respond to of 57110
 
My humble understanding is that the stock prices are hiking because of the pumped up liquidity. Where does all this money go? Not to the negative real interest rates. Not to housing, since everyone and their dog has double mortgages by now. It goes to some very misguided investments (with such low discount rates) and of course into the stock markets.

Who cares if that leads to the next bubble? Not the Fed, apparently...



To: Oral Roberts who wrote (43386)7/3/2003 11:52:11 AM
From: Lazarus_Long  Read Replies (1) | Respond to of 57110
 
And 10 of the last 3 recessions. :-)



To: Oral Roberts who wrote (43386)7/3/2003 1:12:26 PM
From: MulhollandDrive  Respond to of 57110
 
>>What indicator do we possess that gives us a reading before it even happens<<

hiring.

co's with lots of business booked hire on more workers.

so the really bullish news in the unemployment report was the teeny tiny uptick in *temporary* hires...

such conviction...

<vbg>