Replies to post #1417 on Charts SYSTEMS

[michael03332002]

but when your top dawg, whos gonna take away the bone?

I mean so what

I feel this administration will do whatever it takes to continue

to have the market go higher and those that could blow the whistle

will justify clamming up by hanging their hat on the fact all


wall street is happy happy happy

[gdl]

You can either selectively believe just the data that fits your supposition or not. I find it amazing that it took 5 years to get here, yet you believe its a conspiracy? It's real, as is every single component, housing, employment, GDP, consumer credit, and most important profits.

Spend trillions on a problem and it goes away, sort of. Lets not try to figure out how we balance the imbalance, but for now everything is coming up rosy. Look at the 10 year note. The market rallies because the numbers were right in line with expectations. A much higher number would have jumped the bond yield and spooked the stock market. For now it's a steady increase, not too hot growth. Lets see what spikes the bond yields.

You can't win if you go against the street. I just wonder if we do get that roller-coaster ride soon. I had thought SPX of 1818 - 1820 was a shoe-in before any decent correction. Today's move suggests a mini-5th wave is going to take us there on Monday.

I believe you had the SPX bounce up to 1808 before dropping down to perhaps 1750's, followed by a wild ride to 1850's. It's all possible.

Still don't see a topping pattern yet.

[snootmagruder]

Northam, It does seem suspicious doesn't it? A .3 percent drop with the new jobs at the same number as last month? I think the last time it had a .3 percent drop was just before the election and I think the last time before that was like 30 years ago that it dropped so far in one month. With Obama's approving dropping so fast lately he needed a good report. There was recently a whistleblower that confirmed there was fraud in that election report, so? On a side note, the unemployment rate is derived from a phone calling census though and is subject to error. With todays computer's you might think the data is all in government to provide a real report and not an "estimate" like they do which can be manipulated.