JIVE TURKEY

Scroll down to 2009 CHART near bottom and take a GANDER at how many UNADJUSTED JOBS were LOST VS the seasonally adjusted figures which ADDED JOBS to the data you get each month!

http://www.bls.gov/web/cesbd.htm Net Birth Data LInk

Just as the market share nothing in common with the real economy, so does the unemployment data.....both are MUCH WORSE than advertised.

Understand ALL they have done is blow money at the vearious BUBBLES hoping to re-inflate them......bubbles POP for a reason, that SHOULD begin the healing process, but THEY don't want that....remember they use EVERY CRISIS as a chance to GAIN MORE POWER..... like now these insidious banks who bent us over and created this crisis......did we WEED them out and leave the stronger ones? NO....the bigger ones got MUCH BIGGER and guess what, the f'ers are ADDING to their derivitive portfolio and are making their living TRADING 60% of overall volume which comes from HFT.

SO what we did accomplish is DIVERT CAPITAL FROM REAL ECONOMY AND INVESTMENT TO NON PRODUCTIVE PAPER ASSETS like the stock market......do you undestand what I'm saying here, it means until they take us on the right path where are going to flounder and not create jobs, and if we are not creating jobs how are we going to lift our boats out of this cesspool?

The REAL economy toped in 1997 during that expansion, but the stock market fueled by rampant speculation and the interent craze and Y2 K FED goosing ,exploded upward in a final amazing launch.

It is difficult to call THE TOP, I am not going to do that right now. I read the comments, I don't like to project too much to a move except interpret my TA and if I'm lucky take what the market will give me and move on.

More diverting from real economy goes way of the stimulus.....we have a CRACK HEAD economy.....fueled by PONZINOMICS. shoot up.....

WE have had a TECHNICALLY strong rally in that few neaningful declines have accompanied this march from March.

BUT since the HIGHS made in MARCH/APRIL stocks ABOVE their 30 DMA has been falling and new issues making 52 week highs has not confirmed this new MARKET HIGH.

This alone does not spell out THE TOP....you call it if you want to, I am waiting for more data, in the meatime I hope to TAKE WHAT THE MARKET WILL GIVE ME.

New Credit Bubble Report online link here
Duratek