Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (90215)	9/6/2009 8:18:41 PM
From: stockycd	Read Replies (1) \| Respond to of 94695

I respect Jim but man, the job picture is absolutely horrible. There are a couple of indicators within the jobs report that lead instead of lag--like the "hours worked per week" number. NOT MOVING UP. Cash for clunkers will just end up being a government sponsored inventory drawdown. I honestly believe that every popular news outlet is trying to put the most positive spin as possible; to try and get people to be optimistic.....We may see flat to slightly positive 3rd Q but 4Q will be horrible. The bond market shows no signs of a recovery, the stock market is just on some patsy snapback rally from the abyss. Everyone knows that fair value for the S&P is way below where we are now. It will be an "everyone to the exit" rush when the selling starts. I'm all in the stock market when the FED starts hinting at putting on the brakes, not before. cd