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B4 The Bell Thursday October 7


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The Homogenization of Joe Six Pack

 

All the cars look the same.

 

All the houses look the same.

 

All the clothes look the same.

 

Women act like men.

 

Men act like women.

 

They go home from work at the same time.

 

They go to bed at the same time.

 

They get up at the same time.

 

They go to work at the same time.

 

And they are running out of play-money at the same time.

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JUst noticed the debate is Friday p.m.? ? Hmm? Alex I will take non farm payrolls for + 700,000

 

 

Who set up the timing for these debates?

Month end for the last one and now employment day.

Stinks

Found this on the web: :o :o :o

Fasten your seatbelt, because this time we could see the last year's worth of jobs numbers revised upward by anywhere from half a million to a million jobs. We could wake up next Friday and discover that we've been in a labor boom all year without even knowing it. In a heartbeat, this "jobless recovery" won't seem so jobless any more.

 

Link: http://www.trendmacro.com/a/luskin/20041004luskinSMC.asp

 

Good Luck

the standard bull mantra:

earnings don't matter

warnings don't matter

interest rates dont matter if they are rising. if they fall; hoo baby!!

 

but if some useless statistic comprising year old data gets revised upward then that is the foundation for a new bull market.

 

 

on a side note they were expecting the same thing last oct. they got a positive revision of a few 100k. bulls keep expecting the revision to reflect the more optimistic numbers collected under the household survey. However unless the BLS (l is silent) changes there methodology the two numbers will have zero correlation

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