DrStool Posted December 5, 2002 Report Share Posted December 5, 2002 Link to comment Share on other sites More sharing options...
Charmin Posted December 5, 2002 Report Share Posted December 5, 2002 Unemployment rate - guess what - retail hires for the holidays and dumps after - guess it'll be better for tomorrow morning, but reporting for October the agricultural jobs go away in November. Roger arnold on http://www.tfnn.com/archives.htm (1 hr. 20 min in broadcast) says Bureau of Labor Statistics is telling a bunch of bull about agricultural jobs created out of nowhere - mythical. nothing new in paradise Link to comment Share on other sites More sharing options...
sweefraapp Posted December 5, 2002 Report Share Posted December 5, 2002 I think this morning's number was skewed by Thanksgiving. Link to comment Share on other sites More sharing options...
PileDriver Posted December 5, 2002 Report Share Posted December 5, 2002 INTC now down 3% NO SOUP FOR YOU - NEXT!!! nice wave file Doc...its a keeper. Link to comment Share on other sites More sharing options...
PileDriver Posted December 5, 2002 Report Share Posted December 5, 2002 Unemployment rate - guess what - retail hires for the holidays and dumps after - guess it'll be better for tomorrow morning, but reporting for October the agricultural jobs go away in November. Roger arnold on http://www.tfnn.com/archives.htm (1 hr. 20 min in broadcast) says Bureau of Labor Statistics is telling a bunch of bull about agricultural jobs created out of nowhere - mythical. nothing new in paradise *all* of the damn reports since 1997 have been outrageously over-estimated. That's how we got into this bubble/mess. Errors compound exponentially. Read 12/2 Daily Reckoning. Its an atrocity what has happened. Everyone was over doing it -EVERYONE! Now we pay for it, the Death March continues. Last two months was just a pause. Link to comment Share on other sites More sharing options...
simple guy Posted December 6, 2002 Report Share Posted December 6, 2002 Timingiseverything,andsimpleguyagainwarns of unfilled gaps on the NDX to the upside near term.. Just a hunch based on my experience and intuition... Link to comment Share on other sites More sharing options...
Pigeon Posted December 6, 2002 Report Share Posted December 6, 2002 Charmin... i'm soooooooooooo glad you posted Tom OBriens interview with Roger Arnold. I was in the car listening to the interview.... And when Roger mentioned that he thought we were closer to 10% unemployment I said, BINGO... I remember posting sometime about a year ago that I thought unemployment would be at 10% during this bear. I know that both me and Goldie have harped the unemployment song... the government has been whitewashing stats whenever they can for the past 3 years. Also, as an aside, when CBNC was interviwing mall traffic folks on Friday after T-Day, one of the "interviewees", (man in his late forties or so) said that his family was spending the same as usual.. that the economy was fine. I dropped my jaw and thought "you *ss". The man was obviously living in an ivory tower; my xmas wish for him was that he be removed from it, so he could see what was going on in the real world. Link to comment Share on other sites More sharing options...
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