Friday, September 04, 2009

TGIF

Even if there is renewed hope for a recovery, I'm going to ask why? Businesses are not hiring, not going wild with capex spending. Consumers have cut back, not adding tons of new debt, the GOV has stepped in and if doing that for us, deciding what gets jiggy, what doesn't.

Traffic to new car showrroms has dropped dramatically since the KLUNKER program was ended, without STIMULUS does our economy even function?

65,000 were CONVIENTLY under reported last 2 employment reports so that revision added to todays SURPRISE # paints a picture of a STAGNANT job market at best. A JUMP to 9.7% bares some notice, even if Mr MKT did not.....I think the mkt stopped functioning months ago....and all we have are 5 stocks doing 40% of total volume, and program trading doing 60% or more of total volume......it is all a mirage and NO longer represents a place to invest in growing earnings, it is where the liquidity decided to spill into instead of the real economy.

Yeah, I got a nice order today, guy runs a collection agency.

maybe back tomorrow with weekend rant.....ride the tiger, good for you....as long as you know when to get off.....I SMELL A RAT. Period
...NAT GAS down to depression levels....call your propane dealer and get delivery soon!
Duratek

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