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What A Way To Go


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Posted
Is anyone thinking about what comes out at 8:30 a.m. tomorrow on "employment report Friday"?

sure the bulls are after 8wks of gains. :rolleyes:

 

Now looking at a wkly key rev to the dn-side :D

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Posted

Have to think ( although this could be a dangerous assumption) that most know the employment numbers are bogus.

Posted

In my view, gold stocks are in a bull market and are under accumulation. While I don't expect a breakout in the near term, they will break out, and I want to be there when they do. Been holding a gold fund since 12/26/01.

Posted
Is anyone thinking about what comes out at 8:30 a.m. tomorrow on "employment report Friday"?

I'll see your fabricated backwards looking government employment report and raise you one INTC mid quarter update and one last day to positioned before the 13,000 page Iraqi weapons report.

 

Seeing how we have already created 400K jobs for potatoe farmers and strawberry pickers (which by the way is more than was created in all of 1890-1895 when the economy revolved around agriculture) it seems inevitable that the economy will produce the consensus number of jobs (35,000 - 75,000) +/- 2000 just to make it not seem so contrived. That would also put us 1,750,000 jobs shy of expectations for this 1 year old recovery.

Posted

fxfox. Yeah- we got an 8-13 day low coming up but it will be a swup, I'm sure. 900 is a floor for now. Or they might whipsaw through it then take it up. I wouldn't short here.

Posted
Is anyone thinking about what comes out at 8:30 a.m. tomorrow on "employment report Friday"?

Certainly am, I'm hoping for another open like the one we had on Monday...

 

Of course the data I'm most interested in tomorrow will be consumer credit at 3PM... that's going to be a selloff, no matter which way it goes...

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