rog Posted November 7, 2003 Report Share Posted November 7, 2003 Spoohoos are coming for sale in size. Link to comment Share on other sites More sharing options...
soup Posted November 7, 2003 Report Share Posted November 7, 2003 can ask krudlow how this jives with the Challenger numbers? Link to comment Share on other sites More sharing options...
Space Modulator Posted November 7, 2003 Report Share Posted November 7, 2003 Well, bring it on, as they say. This is the sixth day in a row of SUPER BLOWOUT statistics. Great, just great. So what are they gonna do for us next week? Raise rates? Naahhh Link to comment Share on other sites More sharing options...
soup Posted November 7, 2003 Report Share Posted November 7, 2003 Wndy: I hear you. The only way to survive this crap is to become comfortably numb Link to comment Share on other sites More sharing options...
Tchaikofsky Posted November 7, 2003 Report Share Posted November 7, 2003 Spoohoos are coming for sale in size. Watched the QQQ's pop up to 36.25 then fall back to 36.06 (where they were before the fire hose announcement). Â Lots more offered than bid. Link to comment Share on other sites More sharing options...
BeerMarket Posted November 7, 2003 Report Share Posted November 7, 2003 HA HA HA - with today's data and the revisions, "hundreds of thousands" of new jobs. Jobs spewing out of a fire hose. Jobs out the wazoo! As usual, when Diana Olick first enunciated the magic number, you could hear Kudlow on the laugh track, goin' "WAHOO!" and slappin' his knee.  Well, bring it on, as they say. This is the sixth day in a row of SUPER BLOWOUT statistics. Great, just great. So what are they gonna do for us next week? I must know a lot of losers, because they're not finding all these great jobs.  Crapvision guest pointing out that with these revisions going back 2 months, net jobs were created in Q3 - removing the "only" negative from the "blowout" GDP.  Contrary to what I've been reading (including here) about a recovery in Germany, industrial production there unexpectedly fell for a 2nd straight month.  The woohoos on CBNC, oh my - well, time to change the channel (or well past time most would stay). Ooops, before I could get to the remote, Krudlow says stocks will go up even as the Fed raises rates. It's boooolish. Link to comment Share on other sites More sharing options...
soup Posted November 7, 2003 Report Share Posted November 7, 2003 perhaps someone can tell me what part of this fiction is not already priced in the mkt? Link to comment Share on other sites More sharing options...
wndysrf Posted November 7, 2003 Report Share Posted November 7, 2003 I wonder how the boys over at the FNM trading desk are handling this: Â Volatility, anyone?? Link to comment Share on other sites More sharing options...
scottcardiff Posted November 7, 2003 Report Share Posted November 7, 2003 You know, I can live with underperforming horribly over the past 1 year. Â I can live with identifying heatmappers like IIJI, GOAM, AOLa, etc well in advance of their big moves but failing to capitalize. Â I can live with constant gaps over resistance. Â I can live with 30% kneecappings on previously unbeatable stocks. Â I can live with stocks being overvalued by a factor of 100%. Â I can live with Bookie Al doing everything he can to save the planet and f*cking things up for future generations. Â I can live with the Administration making a middle east land grab to secure cheap oil for debt-addicted Americans. Â What I can't handle is the fact that the eminent Asshole, Larry Kurdlow was right and I was wrong. Link to comment Share on other sites More sharing options...
Bearbones Posted November 7, 2003 Report Share Posted November 7, 2003 The "real" unemployment number is 9.5% down from 9.8% in September but up from 9.0% last year. Â http://www.bls.gov/news.release/empsit.t12.htm Link to comment Share on other sites More sharing options...
soup Posted November 7, 2003 Report Share Posted November 7, 2003 just for the record, not that it freaking matters, 7% gdp would equate to around 500,000 new jobs, and that is running for several months in a row. Link to comment Share on other sites More sharing options...
Guest bullseatshitndie Posted November 7, 2003 Report Share Posted November 7, 2003 es only up 3 now on this "stellar" job #, please. the spx and 10yr futures pattern identical to 1987. the clock is ticking bulls, you have 20 spx pts left and it's over. 1st high comes in nov 17, a retest of slight takeout comes nov 28, then it's over. kudlow can then bend over and kiss my a$$. Link to comment Share on other sites More sharing options...
wndysrf Posted November 7, 2003 Report Share Posted November 7, 2003 Gold only down a buck? Â Certainly, someone must be asleep at the switch in The Matrix Control Room. Link to comment Share on other sites More sharing options...
soup Posted November 7, 2003 Report Share Posted November 7, 2003 Scott: Krudlow was margined long all the inet crap in 2000, after that move he can never be vindicated. Link to comment Share on other sites More sharing options...
MyGoldenStool Posted November 7, 2003 Report Share Posted November 7, 2003 perhaps someone can tell me what part of this fiction is not already priced in the mkt? SG has been forecasting nas 2600 in 2004- looks like we get there sooner. All that production capacity will be fully utilized and companies will have to invest in new equipment to fulfill the flood of new spending. Of course, the ATM machine currently known as "your house" will lose it's effectiveness as rates go thru the roof, but the millions of jobs created will offset that minor caveat. Link to comment Share on other sites More sharing options...
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