Replies to post #104752 on Zeev's Turnips Patch-No Politics (ZEEV)

[Bearmove]

Unemployment is not a lagging indicator. Those who say this don't know what they're talking about. Once an employee is layed off they start to spend less money. Spending less money going forward creates less demand.

[lee kramer]

market watcher: Good post. I'll have to think about what you say. Thanks

[WinLoseOrDraw]

your own data shows the lag. unemployment was 4.0-4.1 for the blowoff bull top and didn't exceed that level until feb '02. that's a year later. unemployment was lower in Dec '00 than in Mar '00.