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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (39178)10/5/2003 10:40:09 AM
From: Ramsey Su  Read Replies (3) | Respond to of 74559
 
Pearly, PEZZ,

as you may or may not know, the unemployment rate and the weekly jobless claims are surveys, not actuals.

In this day and age, there is absolutely no reason why, especially the jobless claims, cannot be actual to the last guy who walked in to the unemployment office Friday pm in Hawaii (that being the latest time zone for US).

In fact, it is such a simple data gathering process that in theory, we can have a break down of unemployment claims broken down by each state, each county, male, female, tall, short, white, green ...... at any given time if there is a desire, instead of relying on some out dated survey methodology.

Unfortunately, the desire is not there. It is much better to have the ability to "seasonally adjust" to come up with the "desired" results.

Ramsey



To: maceng2 who wrote (39178)10/6/2003 12:11:00 AM
From: pezz  Read Replies (1) | Respond to of 74559
 
<<Well, I suppose its OK to be a bull>>

LOL... oh that's big of you considering what the mkt has done in the last twelve.

What sense duz it make to lie about the numbers and then come clean later?...Oh I see every one but you is to stupid to look at the revisions...

I should have known better that to try to have a dialog with you. I have always had the the notion that reasonable people can disagree ....clearly your ego is such that anyone who would dare disagree is "not home"

I promised myself not to spoil this thread with pissing contests (which you clearly want) thus I will avoid the temptation to respond to your Yahoo style posts .