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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Travis_Bickle who wrote (251517)	6/2/2010 4:08:46 PM
From: The Reaper	Respond to of 306849

Well I'm certainly glad I didn't short any more into this sh*t express to the moon this morning. The pain was sufficient enough.

To: Travis_Bickle who wrote (251517)	6/2/2010 4:23:44 PM
From: ajtj99	Read Replies (2) \| Respond to of 306849

Temporary census hiring for May will be the reason for that "strong jobs report on Friday." Obama said it like nobody was expecting it. Heck, it's been anticipated since January when the hiring schedule for census workers was announced. He didn't say anything new or profound. He was stating the bloody obvious. Or should I say he was reading the bloody obvious, since it was on the teleprompter.

To: Travis_Bickle who wrote (251517)	6/2/2010 5:04:59 PM
From: James Hutton	Respond to of 306849

In the past, O and his admin. have talked the market down before good jobs reports. So, I'm not sure his "leaks" are all that accurate.

To: Travis_Bickle who wrote (251517)	6/2/2010 5:37:31 PM
From: Les H	Read Replies (1) \| Respond to of 306849

He's said the same thing the last few months. The figures are the average of analysts' estimates and are not necessarily related to anything other than an expectation that the establishment survey should eventually start to reflect the growth of jobs in the household survey since the beginning of the year (sometimes the lag can be up to a year). Goldman Sachs has been making pre-announcements (often wrong) on the day before the last few reports to sway the market.