Quote from Lucrum:
I can see I didn't really miss anything today.
RCG makes another one of his ridiculous baseless claims and then is subsequently eviscerated with the facts.
Facts he naturally refuses to acknowledge.
Quote from RCG Trader:
This is P&R, my talk will be backed up in November, believe me.
Secondly I am a pure price action trader, housing starts are not an indicator you can trade off of as it is a macro indicator.
But if you traded, you would know that, soooo.......
Quote from 377OHMS:
It is difficult to imagine the economy improving given the increased fuel prices we're seeing and the commodity inflation that anyone can see when they pay their bill at the grocery store.
And there is the issue of people being underwater on their mortgage and so being unable to become mobile to go find better jobs. That mobility is important.
I'm having trouble believing any economic information provided by the government. They can't even be honest about the number of people who are unemployed so how can any other numbers be trusted?
Quote from denner:
377OHMS is right. How can anybody with half a brain believe the stats? I don't doubt that some bureau of central planning can create 2,000,000 jobs in a year, but what they won't tell you is that they are all ditch digger jobs.
Quote from RCG Trader:
Mobility was THE reason I went into nursing. It is the most mobile career in the states. I do hear that new grads are having a bit of trouble out there right now.
The numbers?
More interesting to me is the human reaction to those numbers. I was taught long ago that we really don't anything that we did not directly experience or directly observe.
A quick google of Lies your teacher told you will confirm that. We don't really actually KNOW that much.