Tuesday, August 09, 2005

Mid Day COmmentary brief

BFD doodah doodah, wise guys running up to FED announcement. They KNOW what's coming,what if a .50 rise comes instead? .25 rises have done nothing for long term rates, THE CONUNDRUM!

The public at large knows not the GDP or BLS machinations, it's all pure BS to me, and it tells us nothing.

Help wanted at 37 tells me a lot! Minimum wage job expansion tells me a lot. Putrid wage gains tells me a lot.

Investor record bullishness....rally will be reversed end of day or tomorrow IMHO

D

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