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

To: TobagoJack who wrote (52921)	9/2/2004 3:20:26 PM
From: energyplay	Respond to of 74559

You can buy CCJ again .....with profit doubling, it's got room to run. Also, it's the uranium company insitutions can buy, being the biggest & liquid. Wish I had bought it a few days ago.

To: TobagoJack who wrote (52921)	9/2/2004 11:14:23 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 74559

Yes I've been thinking similarly... Message 20472008 Took a starter position in STM.V last week... maybe a buying opty tomorrow as they announced a PP @ .70 after the bell today. Sprott (Where Embry the gold guy is) owns a chunk... already and is taking the PP.

To: TobagoJack who wrote (52921)	9/3/2004 4:07:51 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

<<Given that the markets (not to mention the Bush administration) are nervous about the potential for a weak number,>> oh, oh! This is pointing to a "robust" figure! The Short View: Flawed US jobs forecasts By Philip Coggan Published: September 2 2004 14:45 \| Last updated: September 2 2004 14:45 The monthly lottery that is the US non-farm payroll numbers takes place again tomorrow. Investors and economists are placing their bets, well aware that they have been frequently proved wrong in recent months. According to Black Flag Capital Partners, consensus estimates have missed the actual payroll figure by 100,000 in five of the last six months. Such surprises have roughly translated into 1 per cent daily moves in the US dollar, and significant changes in bond yields. This time round, the consensus forecast is for a net gain of 150,000 jobs. Clearly, economists expect some kind of a rebound after the last two months’ disappointing numbers. But Wednesday’s Institute of Supply Management survey was not a good omen; the employment component fell from 57.3 to 55.7. According to Capital Economics, that level is consistent with a monthly jobs gain of just 50,000. And Thursday’s weekly initial jobless claims showed a jump to 362,000, albeit partly related to hurricane effects. Analysis is made even harder by doubts about the quality of the data; July’s household survey, compiled on a different basis from the payroll numbers, showed a robust gain of 629,000. Given that the markets (not to mention the Bush administration) are nervous about the potential for a weak number, investors may be most vulnerable to a stronger-than-expected figure. That is particularly the case in the Treasury bond market, where 10 year bond yields have moved steadily lower from 4.87 per cent in mid-June to 4.13 per cent. Investors have clearly bought the idea that the US economy is slowing and that the inflation threat that they perceived back in June has receded. Those views were reinforced by a disappointing second quarter growth number (an annualised increase of 2.8 per cent) and the potential squeeze from higher oil prices. A lot once again rides on the outcome. A payroll figure above 200,000 would probably be highly negative for US bonds but strongly positive for both the dollar and equities. but another sub-100,000 number would make it very difficult to sustain the notion that the June-July data were just a blip in an otherwise strong economy. Economic growth and corporate profits forecasts would have to be revised down.