Comments on: NFP: Upside or Downside Surprise?

By: Paul S

Paul S — Thu, 06 Aug 2009 22:14:44 +0000

Fly into Bangor, Sea plane to lake. The drive would be a bit long and rough I’d think.

By: Onlooker from Troy

Onlooker from Troy — Thu, 06 Aug 2009 17:33:29 +0000

“Goldman Sachs is revising downward its estimate for July non-farm payrolls, from 300,000 to 250,000 now.”

Hmmm. Is GS trying to set up a PM rally today and a disappoint tomorrow? What possible motivation could they have for that? :rolls eyes:

By: Onlooker from Troy

Onlooker from Troy — Thu, 06 Aug 2009 16:35:18 +0000

scott

You may be on to something there! It would help explain why they continue to pay good money to that useless mouth. It’s sure not apparent from the outside what value she adds. I’ve always figured that she must be a nepotism case of some sort. And everybody that counts just knows to ignore her.

By: scott simpson

scott simpson — Thu, 06 Aug 2009 16:05:37 +0000

OT-I think Abby Joseph Cohen just rang the top bell, by stating a “new Bull Market has begun” on CNBC. My conspiracy theory(not necessary to confirm the contrarian implications of her pronouncement) is that Goldman Sachs uses her as a secret messenger to the insiders to do the opposite of what she says, and this is a coded signal that Goldman is about to let the bottom drop out. This also gets Joe Retail to pick up the tab by acting as a pied piper for less savvy investors.

If we were to get to S&P 1050, it would be too easy, most would know to take profits.

Already 10% short, about to get more so. Hoping for more rally.

By: Bruce N Tennessee

Bruce N Tennessee — Thu, 06 Aug 2009 15:59:40 +0000

States reported 2,754,391 persons claiming EUC (Emergency Unemployment Compensation) benefits for the week ending July 18, an increase of 97,512 from the prior week. There were 607,368 claimants in the comparable week in 2008. EUC weekly claims include both first and second tier activity.

…This from Unk’s web site on the unemployment numbers today….100,000 more peeps on the EUC than last week…

By: Jim Greeen

Jim Greeen — Thu, 06 Aug 2009 14:11:50 +0000

Looked up Grand Lake Stream, Maine on Google Maps. The question is how the hell do you get there, by parachute maybe??

By: jc

jc — Thu, 06 Aug 2009 14:06:56 +0000

Trimtabs says -488 for July.Actual results will be less worse than some forecast and that will be the basis for the headline!

TrimTabs Investment Research estimates that the U.S. economy lost 488,000 jobs in July, considerably more than the consensus estimate of a loss of 305,000 jobs. In addition, TrimTabs expects the Bureau of Labor Statistics to revise its job loss estimates sharply higher for the first half of 2009 based on the latest unemployment insurance survey results

By: I-Man

I-Man — Thu, 06 Aug 2009 13:53:53 +0000

Hook a landlocked salmon on the fly… while fighting off the smallies… and the black flies. I love GLS. Enjoy yourself up there BR.