Thursday, July 28, 2005

HELP WANTED NONE WILL COME

http://www.conference-board.org/economics/press.cfm?Press_ID=2683http://www.ntrs.com/library/econ_research/daily/us/031110.html LOOK at the graph....is 38 a GOOD READING?????? a sign of a healthy economy and job market????? I thought so.

The CALM before the STORM.

WHY oh WHY did yields CRASH today? does anyone know? so we're buying stocks like no tomorrow and BONDS like no tomorrow?YET.....with all the bullish signs, and hoopla........we aren't even ABOVE 2005 high formed in JAN!!!!HOW far along in a BULL market would you think we are with so many extreme readings?

The bubble bursts in EARNEST at next job data in a week, they experts will all be wrong, Challenger and all the data, net birth etc point to me towards a HUGE miss, it might even be as bad as NEG 100K IF its positive at all, it will be PUNY...do bonds know that?

ASSET INFLATION is like feeding a junky to get well....we are very sick....and when the shoot hits the fan next time......there will be NO medicine to take

2 comments:

Marc R said...

Michael

Options are tricky business, I would use someone like Bernie Shaeffer who has 30 years of experience with them, but on my own I don't mess with them, the time decay.

However, this call is just a GUT call, looking at Net'Birth model, we are set up for an awful number if a large subtraction occurs, this seems self evident to me.

yesterday bonds soar, made me think advance knowledge on of GDP was out, today bonds sell off early..go figure.

D

Marc R said...

Yes, and I might make a post after looking at a few charts.

Very odd indeed.

D