adp employment #'s embarassing

Discussion in 'Trading' started by joeyata1, Feb 1, 2008.

  1. 2 months in a row were they've been way way off. they need to scrap them
  2. adp's number is from private sectors; alway had a agenda(if you can't trust government's number; why bothers with adp anyway); people rarely believed it anyway.
  3. Surdo


    Ignore ADP, or treat as an unrelated number and trade it accordingly, I DO NOT position myself using ADP for NFP.
  4. and i believe 2 months in a row,the market rallied a few days before thinking that the adp number is indictative of the national number released by the governemnt.