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  Worried about the news now to effect the DOW and ETFC
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cjre3  
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 More options Nov 7, 1:40 pm
From: cjre3 <cj...@yahoo.com>
Date: Sat, 7 Nov 2009 10:40:44 -0800 (PST)
Local: Sat, Nov 7 2009 1:40 pm
Subject: Worried about the news now to effect the DOW and ETFC
Guys and Gals,
This week should be a wild ride because of the news that came out
today about unemployment.
http://www.nytimes.com/2009/11/07/business/economy/07econ.html
http://www.google.com/hostednews/ap/article/ALeqM5g73QMj16h78aBYok6WX...
http://www.bloomberg.com/apps/news?pid=20601087&sid=a9q6Uim89nl4&pos=1

These stories alone can cancel all the DOW gains from last week. Let's
pray not.

What do you all think?


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russ  
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 More options Nov 7, 10:29 pm
From: russ <russ.vac...@gmail.com>
Date: Sat, 7 Nov 2009 19:29:43 -0800 (PST)
Local: Sat, Nov 7 2009 10:29 pm
Subject: Re: Worried about the news now to effect the DOW and ETFC
I think you should stop worrying.

On Nov 7, 10:40 am, cjre3 <cj...@yahoo.com> wrote:


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ACK Bills  
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 More options Nov 8, 10:20 am
From: ACK Bills <ack.bi...@gmail.com>
Date: Sun, 8 Nov 2009 07:20:20 -0800 (PST)
Local: Sun, Nov 8 2009 10:20 am
Subject: Re: Worried about the news now to effect the DOW and ETFC
ur dumb....

On Nov 7, 10:29 pm, russ <russ.vac...@gmail.com> wrote:


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cjre3  
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 More options Nov 8, 9:01 pm
From: cjre3 <cj...@yahoo.com>
Date: Sun, 8 Nov 2009 18:01:09 -0800 (PST)
Local: Sun, Nov 8 2009 9:01 pm
Subject: Re: Worried about the news now to effect the DOW and ETFC
russ,

I am not worried at all. This is a forum to post our thoughts, ideas,
facts and speculations. Along with everyone here, I am along for the
ride. I can afford to losse eveything, but chose not to. Why do you
think that I am worried because I ask questions and comment on the
news? I would hope not. I am a big boy.

On Nov 7, 7:29 pm, russ <russ.vac...@gmail.com> wrote:


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capn  
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 More options Nov 8, 9:23 pm
From: capn <l...@hotmail.com>
Date: Sun, 8 Nov 2009 18:23:53 -0800 (PST)
Local: Sun, Nov 8 2009 9:23 pm
Subject: Re: Worried about the news now to effect the DOW and ETFC
cjre - reread the Times article and look at my other post - did you
see the mention of "But there are many more people who would like to
be working full time and have been able to find only part-time
work..."

This is what I posted:

Temp jobs get created first - Manpower and Career Builder have data
you wouldn't believe - they can really get a handle on what positions
are sought and what's being created.

Bottom line always gets protected first - people get laid off not
necessarily as a result of the recession but in anticipation of how it
might affect the bottom line (you lay off workforce, when you
anticipate possible fewer sales or sitting inventory).

Inventory finally being replaced is cause to hire temporary staff -
and the timing is pretty good, as it's the holiday season.  But the
question is whether the growth can sustain itself or do you need more
stimulus.

There won't be more stimulus (we can't print anymore money b/c at some
point we'll have fewer buying our debt) - but we also haven't spent
all the stimulus yet (only about 10% has actually been spent, so don't
let pundits panic you, there's more spending to come, unless Congress
decides to rescind funds (let's hope not/not likely).

Next year is all about reallocating and streamlining in my view.
Stimulus aside, there are a number of programs that are up for
reauthorization.  Oftentimes you will hear about a legislature or
Chief Executive initiating a new program - perhaps a new block grant.
What typically happens is the block grant is a consolidation of other
existing programs and a reduction in the total amount ....

----------------------------------------
What you read in the papers doesn't tell you where workers are being
added.  Remember, for the first time since the correction, inventories
are being replaced.

On Nov 7, 1:40 pm, cjre3 <cj...@yahoo.com> wrote:


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capn  
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 More options Nov 8, 9:32 pm
From: capn <l...@hotmail.com>
Date: Sun, 8 Nov 2009 18:32:13 -0800 (PST)
Local: Sun, Nov 8 2009 9:32 pm
Subject: Re: Worried about the news now to effect the DOW and ETFC
cjre - read the G20 article carefully - when Geitner says "U.S.
Treasury Secretary Timothy Geithner said the "process of growth is now
beginning" but warned that ending stimulus measures too early would be
damaging to the economy." He's saying don't rescind what hasn't been
spent yet - there's money that hasn't been spent.  Congress' mandate
for the money was that it be spent quickly and effectively - there's
suppose to be enough for 2 years and now we are entering year 2. When
the President says he's looking in to more stimulus, he's basically
looking at what the GAO evaluated the first time around and will try
to get Congress to tack on additional funds to the spending that has
produced results.

This is not a "willy nilly" process and as I mentioned before, we're
heading in to a new session of Congress.

On Nov 8, 9:23 pm, capn <l...@hotmail.com> wrote:


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cjre3  
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 More options Nov 9, 11:11 am
From: cjre3 <cj...@yahoo.com>
Date: Mon, 9 Nov 2009 08:11:30 -0800 (PST)
Local: Mon, Nov 9 2009 11:11 am
Subject: Re: Worried about the news now to effect the DOW and ETFC
True. I am understanding these articles, but I wish they would
actually help us out.

On Nov 8, 6:32 pm, capn <l...@hotmail.com> wrote:


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capn  
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 More options Nov 9, 11:20 am
From: capn <l...@hotmail.com>
Date: Mon, 9 Nov 2009 08:20:00 -0800 (PST)
Subject: Re: Worried about the news now to effect the DOW and ETFC
I always say this (thinking it's self explanatory), yet frequently
find people saying - "what do you mean"

Follow the money - follow the stimulus, follow the people buying
shares of ETFC, etc.  Just follow the money and you should be able to
see where decisions are being and made and of what type.  The market
is rallying b/c everyone agrees the stimulus needs to continue (of
course it's going to continue - follow the money and you'd know the
term of the stimulus PLUS fat chance a democratic lead Congress is
going to rescind that money).

BUT watch oil - that's worrisome to me.  The Saudis are upping output,
yet the price of crude is trending higher.  The only reason I would
sell is if I thought there was going to be further destabilization in
the mid east.  The big elephant in the room there is tension between
Israel and Iran.

On Nov 9, 11:11 am, cjre3 <cj...@yahoo.com> wrote:


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cjre3  
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 More options Nov 9, 11:44 am
From: cjre3 <cj...@yahoo.com>
Date: Mon, 9 Nov 2009 08:44:27 -0800 (PST)
Local: Mon, Nov 9 2009 11:44 am
Subject: Re: Worried about the news now to effect the DOW and ETFC
Yes this is great advice. I like to follow the money. The stimulus is
for sure helping, however, what goes up must come down. I hope not,
but for now, let's enjoy the ride, it is a good one. People do want to
work full time because of benefits. That cost more than anything and
people need benefits more than money to live, I read in some
articles.
Oil is another story. I see that gas prices are rising this can be a
bad thing.

On Nov 9, 8:20 am, capn <l...@hotmail.com> wrote:


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capn  
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 More options Nov 9, 12:10 pm
From: capn <l...@hotmail.com>
Date: Mon, 9 Nov 2009 09:10:20 -0800 (PST)
Local: Mon, Nov 9 2009 12:10 pm
Subject: Re: Worried about the news now to effect the DOW and ETFC
But cjre - it's deeper than that.  Of course the stimulus won't last
for ever.  I'm looking for what influences sentiment - sentiment
drives the market most.  Now most people would have read the articles
above and thought - "gee, this sounds worrisome."  Others who read
more than just financial news and follow more than just the mainstream
media on tv know where money, funding, etc. is flowing.  I can take an
almost contrarian view of what was in the articles and say - the
market is going up on Monday.  While others only gleen - "we still
need stimulus" and sell their positions.  What fuels street and
institutional sentiment - sentiment moves the market the most.

On Nov 9, 11:44 am, cjre3 <cj...@yahoo.com> wrote:


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