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| Worried about the news now to effect the DOW and ETFC | ||
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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
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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
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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
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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,
On Nov 7, 7:29 pm, russ <russ.vac...@gmail.com> wrote:
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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
Bottom line always gets protected first - people get laid off not
Inventory finally being replaced is cause to hire temporary staff -
There won't be more stimulus (we can't print anymore money b/c at some
Next year is all about reallocating and streamlining in my view.
----------------------------------------
On Nov 7, 1:40 pm, cjre3 <cj...@yahoo.com> wrote:
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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
On Nov 8, 9:23 pm, capn <l...@hotmail.com> wrote:
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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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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
BUT watch oil - that's worrisome to me. The Saudis are upping output,
On Nov 9, 11:11 am, cjre3 <cj...@yahoo.com> wrote:
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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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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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