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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (92213)	1/8/2010 7:52:46 PM
From: puborectalis	4 Recommendations Respond to of 94695

obama prevented a depression.....you should call him genius instead of idiot. Not Strong Enough Growth hasn’t been strong enough to reduce the unemployment rate. The U.S. lost 85,000 jobs in December after revisions showed payrolls increased the prior month for the first time in almost two years, a report today from the Labor Department showed. The jobless rate held at 10 percent. The U.S. Congress has mandated that the Fed pursue low inflation and full employment. The 7.2 million drop in payrolls over the past two years has been the biggest decline as a percentage of total jobs since the end of World War II. “The labor market could conceivably recover more slowly than many expect, which would restrain consumer spending and dampen growth,” Lacker said. “But household incomes and household confidence could conceivably rebound more vigorously than many expect, in which case consumer spending could expand more briskly.”

To: GROUND ZERO™ who wrote (92213)	1/9/2010 10:54:48 AM
From: Copeland	2 Recommendations Read Replies (4) \| Respond to of 94695

Although the jobs numbers for December were slightly disappointing, I'm in fear of the January number. Since April, the labor department has added about 900,000 to a million jobs via its birth/death model to reflect theoretical small company job growth. Those numbers have to be extracted and that's usually applied to the January numbers (to be released in February). Remember the 2009 January jobs report? The market didn't like those numbers one bit. Part of the panic was a result of the labor department pulling 360,000 jobs on top of the predicted expectations because of the birth/death model, making the numbers look really bad. Beware February 4th.