Replies to post #8740 on Hartcourt Companies (fka HRCT)

[funincolo]

Unemployment is a worthless lagging indicator... not to mention it will be revised 2 times in the coming months...

By the time unemployment index shows an improvement in unemployment...we will be 4 months out the recession... and the nasdaq will be 2200... the fact that congress extended unemployment terms doesn't help the data...

Of course bear markets take good news as bad news and bad news as horrible news... We will just have to wait for earnings to improve and be patient... the evidence won't be found in the unemployment index however...

The smart investors are licking thier chops... the low downside risk from these levels, large amount of cash on the side lines with indiviual investors and cash being put back to work in funds will bring them back with any sign of earnings and capital spending improvement... The question when not if...JMO