Comments on: Unemployment Measures; Job Losses (%) Post-WWII Recessions

By: This Time It's Different - Gold Speculator

This Time It's Different - Gold Speculator — Mon, 06 Jul 2009 02:10:48 +0000

[...] following chart: The chart is compliments of Chart of the Day. There is another graphic on a post by Barry Ritholtz (The Big Picture) which is not nearly as pretty, but shows that the current [...]

By: flipjes

flipjes — Fri, 03 Jul 2009 02:17:51 +0000

These graphs could really use the ‘29 crash for comparison, to show that things are -in some ways- completely different now.

By: AmenRa

AmenRa — Fri, 03 Jul 2009 00:12:15 +0000

The FDIC took over 7 (that’s right SEVEN) banks today. Sheesh.

By: Christopher

Christopher — Thu, 02 Jul 2009 22:58:32 +0000

I think I saw a gingham swan at the lake today.

http://www.youtube.com/watch?v=KhrqBOSazzA

By: jc

jc — Thu, 02 Jul 2009 22:36:03 +0000

“raft” of bank closures takes total over 50…still awaiting more from the western timezones – didn’t see a final body count yet

By: Onlooker from Troy

Onlooker from Troy — Thu, 02 Jul 2009 21:46:20 +0000

ahab

Besides it would be much too easy if we just stayed in a predictable range so traders could buy the bottom and sell the top. It’s never that easy for very long.

By: call me ahab

call me ahab — Thu, 02 Jul 2009 21:03:18 +0000

onlooker-

I opined earlier- that if I was a money manager- I would sell now- and lock in my profits- ahead of earnings which are bound to be less than pretty-

however- I still wonder if there will be hesitancy to sell with earnings in the next few weeks-

By: call me ahab

call me ahab — Thu, 02 Jul 2009 20:55:01 +0000

andy-

I am already a fan- and a subscriber-

I was throwing out a possible range- but let’s say the range then is 890- 940- more plausible?- also-i am getting the impression that you are expecting a selloff sooner rather then later?

By: Onlooker from Troy

Onlooker from Troy — Thu, 02 Jul 2009 20:51:29 +0000

ahab

And remember, we’re still in a bear market so unless there’s something real substantial to grab onto after this big rally the tendency is for the market to “retest” the lows to pick up more committed buyers at lower levels and give the economy some more time to heal and start giving some positive signs again. It seems that the market doesn’t like to grind sideways in a such a tight range for very long, especially in such uncertain times.

By: Andy T

Andy T — Thu, 02 Jul 2009 20:46:56 +0000

ahab. I guess almost anything is possible, but if the SP500 breaks 888, it’ll look very, very bad from my technical perspective. It already looks bad, but for me a break of 888 would cement the case for a trip to 750-800 zone. There are a few commenters/readers here who get my occasional technical commentary on markets. If you have any interest, just send me a note to AndysTechnicals@gmail.com and I’ll put you on…