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

To: Haim R. Branisteanu who wrote (39181)	10/5/2003 7:08:40 PM
From: gumnam	Read Replies (1) \| Respond to of 74559

I completely agree with you. Even street economists, who usually are not as diligent and insightful as you are had similar comments about the importance of the job data especially if putting it together with other pieces of data that came out this week. But markets were positioned badly and had to dump positions everywhere. What is this rumor that you refered to? I am not familiar with it. Cheers

To: Haim R. Branisteanu who wrote (39181)	10/5/2003 9:10:57 PM
From: elmatador	Read Replies (1) \| Respond to of 74559

We have a consensus: The job data was ENRONed. I warned Jay that leading to the presidential electoion there will be more numbers' make up. Government manipulation in the age of the Internet is difficult. We can pool a lot of brains with different angles, devious flips and slanted readings to come out with a consensus. That notwithstanding, doesn't mean gobernments will mend their ways and manipulate less. They will continue to do so. Business as usual. BBR population is a infinitesimal minory in the whole scheme of things. That said I can register a new neologism fter: Abracadabra, KABOOM! (yes with capitals) and now the verb to ENRON. Which means inflate numbers to feed analysts.