Hey Jlew! Unemployment Is UP to 5% The Market Just DIVE BOMBED.Hows It Going This AM?
DriftingByTheStorm
Posts: 8,684
Lol.
Ok.
Sorry to bait Jlew,
but brother you did just throw job growth numbers in my face to try and make me feel better yesterday.
THE MARKET PLUNGED JUST NOW.
I know, it was "ONLY" a 100 points, right?
Check out futures! Down almost 20 on the spooz.
FOLKS.
WE ARE HEADED STRAIGHT FOR RECESSION.
:(
GOLD IS GOING TO BE AT $1000 IN TWO MONTHS.
Mark my words.
$900 by end of January, EASY.
Hell, probably $900 by end of NEXT WEEK.
Ok.
Sorry to bait Jlew,
but brother you did just throw job growth numbers in my face to try and make me feel better yesterday.
THE MARKET PLUNGED JUST NOW.
I know, it was "ONLY" a 100 points, right?
Check out futures! Down almost 20 on the spooz.
FOLKS.
WE ARE HEADED STRAIGHT FOR RECESSION.
:(
GOLD IS GOING TO BE AT $1000 IN TWO MONTHS.
Mark my words.
$900 by end of January, EASY.
Hell, probably $900 by end of NEXT WEEK.
If I was to smile and I held out my hand
If I opened it now would you not understand?
If I opened it now would you not understand?
Post edited by Unknown User on
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Comments
Lol.
You must be JLews cousin, cause he is always asking me why i'm excited.
Lets just say in the face of so many non-believers, it feels good to have some validation from the markets ... "the ticker never lies" ... even if it is as the expense of the market.
And for me, up and down are of no concern, if you are trading the news, you can CLEAN UP ... that was a 20 point move in the futures ... which means MONEY MONEY MONEY.
Volatility = god send.
But uh,
no ... not really rooting for recession.
Although i think it strengthens Ron Paul's position and validity, so yeah ... ok, maybe just a smidge.
If I opened it now would you not understand?
"Staggeringly disgusting Jobs Report..."
:eek:
5 Year Low - Market Open
:eek:
If I opened it now would you not understand?
odd isnt it?
For all of 2007, the economy added 1.33 million jobs and the unemployment rate averaged 4.6 percent, the same as in 2006. Employment growth averaged 111,000 a month in 2007, down from 189,000 in 2006.
The 5 percent rate is relatively low by historical standards. In the recession of the early 1980s, for example, the jobless rate reached double-digit levels.
we have been brainwashed to believe that only through economic growth shall we survive ...
I dont think anyone has been brainwashed to believe that. I think the high majority of people do not know jack shit about economics.
well ... then why is news of economic indicators so important?
uh.
"tinfoil hat"?
this isn't a conspiracy, jlew.
it's reality.
The market is on failing crutches.
You can sit here and make relative comparisons to 198Whatever until you are blue in the face ...
the FACTS are, ANY time ANYTHING bad comes out in the news ... even with you sitting here and saying, "yeah but it's only .3% worse than average", it doesn't change the FACT that the MARKET DISAGREES WITH YOU.
So ask yourself this,
if the report numbers AREN'T that bad ... if they truly are just marginaly off from historical norms, WHY DOES THE MARKET FREAK OUT THEN?
You KNOW that is not normal behavior.
So?
If I opened it now would you not understand?
because there are people, like myself and driftin, who are concerned about the strength/weakness of our economy.
does that mean we are brainwashed?
what are you talking about....unemployment number was negative...and the market went down. (slightly) you act as if we are crashing. and looking at historical data is extremely important. not sure why you would down play it.
the market doesnt disagree with me. I agree with it.
the market isnt FREAKING OUT!!@!#@!!@!@!#@#$%^%^&^%#$
you are.
i don't want to bait you into an endless slew of questions - i'm sure you can figure out my subsequent questions to each of your answers ...
ask yourself why the strength/weakness of the economy is so important and for each answer continue to ask yourself why that is so important ...
in the end you will see that it is because somewhere someone said that economic growth is a must for some survival ... a notion that is a complete fallacy that is constructed without consequences in a world vision that only serves the minority ...
It was already prophesied in planet of the apes
http://www.biocrawler.com/w/images/thumb/6/61/300px-Statue_of_liberty_in_planet_of_the_apes.jpg
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
Thats great.
But the market thinks it STINKS.
Dow down 130 points isn't exactly insignificant, for something you seem to indicate to actualy be of little concern.
So how is that agreement.
You say "not a problem."
Market says, "Danger, Will Robinson!"
BTW, i'm actualy relatively calm.
I just like to overemphasize.
If I opened it now would you not understand?
no, no one has ever said economic growth is a must for survival. thats just something you made up 10 minutes ago.
ha! ... i see nothings changed ... oh well ...
actually, yes it is rather insignificant. 130 points is 0.95% not even a full percentage point! stop looking at point drops, look at %.
I do appreciate your enthusiasm
unless you have something useful to add to the discussion about the economy, why waste everyone's time with your bullshit?
and just so you understand. a strong economy is a good thing. a weak economy is a bad thing.
why is a weak economy bad you ask? well when a economy is weak people loose jobs, when they loose jobs, they can't afford to eat, when they cant eat, they cant survive. you see where i'm going with this?
i admit to not knowing a great deal about economics but i do know that during a "strong economy" - people lose jobs, people can't afford to eat and people can't survive ... but really, engaging in a mature discussion with you is difficult - so, you can continue on and i will move on ...
hey you are the one who came in here with the brainwashing comment. yet you want to have a mature discussion? by all means, lets.
yes people lose jobs during a strong economy but much less often. and they have a much better chance of finding a new job also.
No.
It's public discource disguised as a personal communication.
Settle down.
The discussion is intelligent (some of it), relevant (all of it), and you could probably benefit from reading it and thinking about it.
If I opened it now would you not understand?
The market is really taking this news as a SOLID blow.
No one is trying to break the move.
The trend since the news hasn't broken a median line by more than 2 points or so (in the spooz) ... just down down down ... like its on a hill and rolling.
Pre market loss is now more than DOUBLE.
Thats 2% to you, jlew.
If I opened it now would you not understand?
downward in the last 5 days...sure....last 6 months? rather sideways
http://finance.yahoo.com/q/bc?s=%5EGSPC&t=6m&l=on&z=m&q=l&c=
I was just kidding.
lol.
i just meant INTRADAY, jlew.
Sorry for confuseion.
Yeah, i was looking at the yearly dow earlier ...
it actualy looks like we are coiling towards a breakout ...
which, being bearish, scares me ... consolidation + bad news = break out to the SOUTH.
:(
S&P looks even worse.
Same lows and lower highs.
If I opened it now would you not understand?