Heading under 10,000 on the way!

oops. that's my cat, not the carbon coal. i apologized to him :)

I have no idea what you're talking about so here's a bunny with a pancake on it's head;)
 

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as the cpi and unemployment numbers are fiction...here's the latest - census workers hired, fired, hired...to help with the fraudulent employment reports -

Two more Census workers blow the whistle - NYPOST.com

Last week, one of the millions of workers hired by Census 2010 to parade around the country counting Americans blew the whistle on some statistical tricks.
The worker, Naomi Cohn, told The Post that she was hired and fired a number of times by Census. Each time she was hired back, it seems, Census was able to report the creation of a new job to the Labor Department.
Below, I have a couple more readers who worked for Census 2010 and have tales to tell.

But first, this much we know.
Each month Census gives Labor a figure on the number of workers it has hired. That figure goes into the closely followed monthly employment report Labor provides. For the past two months the hiring by Census has made up a good portion of the new jobs.
Labor doesn't check the Census hiring figure or whether the jobs are actually new or recycled. It considers a new job to have been created if someone is hired to work at least one hour a month.
One hour! A month! So, if a worker is terminated after only one hour and another is hired in her place, then a second new job can apparently be reported to Labor . (I've been unable to get Census to explain this to me.)
Here's a note from a Census worker -- this one from Manhattan:
"John: I am on my fourth rehire with the 2010 Census.
"I have been hired, trained for a week, given a few hours of work, then laid off. So my unemployed self now counts for four new jobs.
"I have been paid more to train all four times than I have been paid to actually produce results. These are my tax dollars and your tax dollars at work.
"A few months ago I was trained for three days and offered five hours of work counting the homeless. Now, I am knocking (on) doors trying to find the people that have not returned their Census forms. I worked the 2000 Census. It was a far more organized venture.
 
I think there are definite problems with the markets. There are casino style investors out there who really aren't investing at all. They are more like gamblers than true investors, using computer models to profit off small price discrepancies between two different assets or products. I think this type of investing probably distorts the market somewhat and probably takes a little profit away from the true investors who are trying to save for retirement but this may be offset by the big increase in liquidity of markets. Hard for me to say whether or not the gamblers are a net plus for the markets but I do know better regulation is needed, especially where leverage and exotic investment vehicles are concerned.
I don't think these leveraged "ultrashort" ETFs are good for market stability, either.
 
Fox News is in the business of outrage...
And make no mistake, it IS a business.
And MSNBC is the business of peace & harmony...gimme a break,
they're two sides of the same coin.
With all this pessimism, might be a good time to buy :whistle:
TJ
 
Looks like a Monday is gonna be a bad day for the Bulls...

Bloomberg.com: Futures

It could get better or it could get worse...


It is bad if you are selling, but it is great if you are buying. I plan to be doing both next week. I have been selling out of indexes and buying individual stocks. The quality of my dividend income has been improving.

Next week I plan on adding to my shares of: MO, PM, T, JNJ

and adding new shares to two of the following: CVX, XOM, KO, PEP, PG, WMT, MCD, PFE, ABT.

Not sure which two I will add yet.

I'll add that I think the employment data was horrible. My fear of a double dip has increased a lot.
 
as the cpi and unemployment numbers are fiction...here's the latest - census workers hired, fired, hired...to help with the fraudulent employment reports -

Two more Census workers blow the whistle - NYPOST.com

Last week, one of the millions of workers hired by Census 2010 to parade around the country counting Americans blew the whistle on some statistical tricks.
The worker, Naomi Cohn, told The Post that she was hired and fired a number of times by Census. Each time she was hired back, it seems, Census was able to report the creation of a new job to the Labor Department.
Below, I have a couple more readers who worked for Census 2010 and have tales to tell.

But first, this much we know.
Each month Census gives Labor a figure on the number of workers it has hired. That figure goes into the closely followed monthly employment report Labor provides. For the past two months the hiring by Census has made up a good portion of the new jobs.
Labor doesn't check the Census hiring figure or whether the jobs are actually new or recycled. It considers a new job to have been created if someone is hired to work at least one hour a month.
One hour! A month! So, if a worker is terminated after only one hour and another is hired in her place, then a second new job can apparently be reported to Labor . (I've been unable to get Census to explain this to me.)
Here's a note from a Census worker -- this one from Manhattan:
"John: I am on my fourth rehire with the 2010 Census.
"I have been hired, trained for a week, given a few hours of work, then laid off. So my unemployed self now counts for four new jobs.
"I have been paid more to train all four times than I have been paid to actually produce results. These are my tax dollars and your tax dollars at work.
"A few months ago I was trained for three days and offered five hours of work counting the homeless. Now, I am knocking (on) doors trying to find the people that have not returned their Census forms. I worked the 2000 Census. It was a far more organized venture.

This is not correct and the same worker is not reported as a new hire. More Census Nonsense | FactCheck.org

I suggest you get your facts at least somewhat straight.
 
This is not correct and the same worker is not reported as a new hire. More Census Nonsense | FactCheck.org

I suggest you get your facts at least somewhat straight.
Martha, you are such a spoil-sport. A guy can't even scream "The sky is falling!!" around here without someone taking him to task. :D
 
Thanks Martha, I captured that one for the day when porn is banned. That is my main worry re: Approaching Armageddon. I can do without freedom but I maybe can't survive without porn.

Ha
 
Did you look at the dates? Those numbers are from friday.

Yes as of right now 6-6-10 8:37 Central time...

DJIA INDEX9,848.00-98.009,912.009,921.009,827.0021:17 S&P 5001,055.50-10.601,063.701,065.201,052.6021:17 NASDAQ 1001,816.00-18.251,830.001,830.501,814.0021:17 S&P/TSX 60 680.50-14.00695.00697.00677.3006/04 MEX BOLSA30,906.00-414.0030,720.0031,160.0030,610.0006/04 BOVESPA61,693.00-1,710.0062,450.0062,705.0061,470.0006
 
The stock markets are the least of my worries right now...

At 41 Im sure I will be fine no matter how this all works out...
 
And MSNBC is the business of peace & harmony...gimme a break,
they're two sides of the same coin.
With all this pessimism, might be a good time to buy :whistle:
TJ

News media in general fits this description, but the OP mentioned Fox specifically. Don't watch any...
 
Translation: I am 41 years old and troll internet boards using witty, sophisticated repartee - the online version of calling up a retail business and asking if they have Prince Albert in a can...

How witty can it be when he uses "your" in place of the correct "you're"?

I suggest that we ask him whether it is a European or African swallow. It has worked on these types before.
 

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