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JamesL

Registered: Sep 2008
Posts: 2111

08-03-12 03:17 PM

Quote from Tsing Tao:

Heh, that sell off doesn't look all that likely at the moment. Too Infinity and Beyond!

Crude is up $3!

Later today. Keeping powder dry until after lunch hour.

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Tsing Tao

Registered: Mar 2009
Posts: 7555

08-03-12 04:37 PM

Quote from Lucrum:

Is there no limit to what Washington will do to make things look better than they are?

No, not really. But it doesn't matter. Statistic manipulation only gets you so far before reality sinks in.

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Lucrum

Registered: Dec 2003
Posts: 31982

08-03-12 05:18 PM

Quote from Tsing Tao:

No, not really. But it doesn't matter. Statistic manipulation only gets you so far before reality sinks in.

Sinks in for who? The Obama supporters? I've been aware of it for some time now.

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Eight

Registered: Mar 2009
Posts: 3462

08-03-12 05:32 PM

we have 160,000 new jobs, 135,000 people left the workforce and the markets rallied on the news... which is more irrational, the touchy feelie voters or the markets?

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Ricter

Registered: Aug 2004
Posts: 13356

08-03-12 05:56 PM

Quote from Eight:

we have 160,000 new jobs, 135,000 people left the workforce and the markets rallied on the news... which is more irrational, the touchy feelie voters or the markets?

Of course investors monitor other variables. It has been a decent month for the economy, all things considered. Surprising number of underlying positives. (Sadly, my sector, oil and gas, is having a bit of a tough time right now.)

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