Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Tuesday, March 9, 2010

You know this game, sesame street which one isn't like the other.

Now explain to me.... I ask in my Didactic way.

Why would these be the same?


Tony said...

I understand your point, and I'm not disagreeing, but unemployment, a lagging indicator, is not the ideal metric to compare 2004 and 2010 and try to relate this to stock price movement.

Industrial production or GDP would be a better comparo.

Eric said...

you are right, I was just grabbing charts last week, for this post. It just happed to be NFP week. but it is 10% less people with jobs to "Buy the recovery."

Tony said...

LEADing indicators:

"All of the leading indicators of industrial production pointed to a strong gain, including an increase in factory workers in January reported by the Labor Department."

This is why the stock market is up. Can it change? Sure.

New Economic Indicators and Releases

What does Blue Horse shoe love?- Blog search of "BHL"