Comments on: Non Farm Payroll for October 2008 -240,000 http://www.ritholtz.com/blog/2008/11/non-farm-payroll-for-october-2008/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 19:59:24 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: I-Man http://www.ritholtz.com/blog/2008/11/non-farm-payroll-for-october-2008/comment-page-1/#comment-124998 I-Man Fri, 07 Nov 2008 19:38:14 +0000 http://www.ritholtz.com/blog/?p=8413#comment-124998 @ willid3: The market is smarter than you. (and I-Man) @ willid3:

The market is smarter than you.

(and I-Man)

]]> By: willid3 http://www.ritholtz.com/blog/2008/11/non-farm-payroll-for-october-2008/comment-page-1/#comment-124985 willid3 Fri, 07 Nov 2008 18:58:38 +0000 http://www.ritholtz.com/blog/?p=8413#comment-124985 i seem to recall there was a rumor that the market was logical. I can see today that has been put to rest. i seem to recall there was a rumor that the market was logical. I can see today that has been put to rest.

]]> By: babycondor http://www.ritholtz.com/blog/2008/11/non-farm-payroll-for-october-2008/comment-page-1/#comment-124953 babycondor Fri, 07 Nov 2008 17:09:57 +0000 http://www.ritholtz.com/blog/?p=8413#comment-124953 One good thing about bad numbers: they get people's attention, and USUALLY something is done to try to rectify the situation. YES WE CAN!! One good thing about bad numbers: they get people’s attention, and USUALLY something is done to try to rectify the situation.

YES WE CAN!!

]]> By: Virgil http://www.ritholtz.com/blog/2008/11/non-farm-payroll-for-october-2008/comment-page-1/#comment-124949 Virgil Fri, 07 Nov 2008 17:01:31 +0000 http://www.ritholtz.com/blog/?p=8413#comment-124949 I can only contribute the works of others. Stephen Lendman is someone many people would like to know about and a search for "Imperialism 101" will yield a link to one of his works that shows his straight forward style. That being said, he has written, with predictable clarity, a very dismal piece on our economic future dated November 5th and titled "More from the Front Lines of the Financial Crisis"- http://www.zcommunications.org/znet/viewArticle/19371 I can only contribute the works of others. Stephen Lendman is someone many people would like to know about and a search for “Imperialism 101″ will yield a link to one of his works that shows his straight forward style. That being said, he has written, with predictable clarity, a very dismal piece on our economic future dated November 5th and titled “More from the Front Lines of the Financial Crisis”- http://www.zcommunications.org/znet/viewArticle/19371

]]> By: Theodore D. http://www.ritholtz.com/blog/2008/11/non-farm-payroll-for-october-2008/comment-page-1/#comment-124942 Theodore D. Fri, 07 Nov 2008 16:50:56 +0000 http://www.ritholtz.com/blog/?p=8413#comment-124942 Mr Hoffer and others, Thanks for the insight. Sorry for the typos. I was trying to figure out exactly how the Bureau came to their findings, while sitting in a Wills and Trusts class. I am contemplating writing a note on the "impending" credit default swap regulation. I need to get a better understanding of what is driving (or at least an indication of) the real economy and try to tie it in to the market environment before the formation of the SEC. I am looking around econbrowser now, and it looks like just what I am looking for. Thanks again. Ted P.S. A preview function would be great. P.S.S. - Could this rally Be 1. News which didn't end the world and therefore "positive" 2. Shorts covering? - although were there really that many short positions? 3. Could this information have been leaked and therefore already factored into the drop from the last two days? 4. Random (or is random Latin for "I don't know so I'll say there is no rational explanation?" Mr Hoffer and others,

Thanks for the insight. Sorry for the typos. I was trying to figure out exactly how the Bureau came to their findings, while sitting in a Wills and Trusts class. I am contemplating writing a note on the “impending” credit default swap regulation. I need to get a better understanding of what is driving (or at least an indication of) the real economy and try to tie it in to the market environment before the formation of the SEC. I am looking around econbrowser now, and it looks like just what I am looking for. Thanks again.

Ted

P.S. A preview function would be great.

P.S.S. – Could this rally Be

1. News which didn’t end the world and therefore “positive”
2. Shorts covering? – although were there really that many short positions?
3. Could this information have been leaked and therefore already factored into the drop from the last two days?
4. Random (or is random Latin for “I don’t know so I’ll say there is no rational explanation?”

]]> By: I-Man http://www.ritholtz.com/blog/2008/11/non-farm-payroll-for-october-2008/comment-page-1/#comment-124933 I-Man Fri, 07 Nov 2008 16:19:35 +0000 http://www.ritholtz.com/blog/?p=8413#comment-124933 @ Winnie: “Wait. We can’t stop here. This is bat country.” - Hunter S. Thompson Priceless. @ Winnie:

“Wait. We can’t stop here. This is bat country.” – Hunter S. Thompson

Priceless.

]]> By: bazily http://www.ritholtz.com/blog/2008/11/non-farm-payroll-for-october-2008/comment-page-1/#comment-124932 bazily Fri, 07 Nov 2008 16:09:56 +0000 http://www.ritholtz.com/blog/?p=8413#comment-124932 Do they break the U-6 by age? Do they break the U-6 by age?

]]> By: Winston Munn http://www.ritholtz.com/blog/2008/11/non-farm-payroll-for-october-2008/comment-page-1/#comment-124930 Winston Munn Fri, 07 Nov 2008 16:04:18 +0000 http://www.ritholtz.com/blog/?p=8413#comment-124930 "It is official the market is on LSD" The Gonzo Market. "Wait. We can't stop here. This is bat country." - Hunter S. Thompson “It is official the market is on LSD”

The Gonzo Market.

“Wait. We can’t stop here. This is bat country.” – Hunter S. Thompson

]]> By: Concerned American http://www.ritholtz.com/blog/2008/11/non-farm-payroll-for-october-2008/comment-page-1/#comment-124928 Concerned American Fri, 07 Nov 2008 16:02:57 +0000 http://www.ritholtz.com/blog/?p=8413#comment-124928 The market is up because it always goes up when jobs are cut. Job cuts are cheered on Wall St. That is one reason they are very popular. What Wall St has failed to realize is that they are all customers too. Everyone seems to be realizing that the hard way now. It doesn't take a business genius to cut jobs. Hopefully those cowards will be punished more than they were ever rewarded. The market is up because it always goes up when jobs are cut. Job cuts are cheered on Wall St. That is one reason they are very popular. What Wall St has failed to realize is that they are all customers too. Everyone seems to be realizing that the hard way now.

It doesn’t take a business genius to cut jobs. Hopefully those cowards will be punished more than they were ever rewarded.

]]> By: Mannwich http://www.ritholtz.com/blog/2008/11/non-farm-payroll-for-october-2008/comment-page-1/#comment-124927 Mannwich Fri, 07 Nov 2008 15:57:23 +0000 http://www.ritholtz.com/blog/?p=8413#comment-124927 And the numbers are going to get much, much worse before they get better. Sorry if I'm stating the obvious but the market today seems to disagree with my assessment. And the numbers are going to get much, much worse before they get better. Sorry if I’m stating the obvious but the market today seems to disagree with my assessment.

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