Unbelievable the Dow is up today. No one noticed the Philly Fed Activity Index? It plunged from 43.4 March, to 18.5 April to 3.9 today. Did the bankers change jobs with the hookers on wallstreet? Would be plausible considering the Dow is up today.
Didn't you get the memo? Day to day fluctuations typically go against the news. When the market rallied all throughout Sep '10, bad news after bad news came out. For those short, here's the good news:
A hooker and banker take their 6-year old son to a nude beach in Miami. As the boy walks along the sand, he notices that many of the women have breasts bigger than his motherâs, so he goes back to ask her why. She tells her son, âthe bigger they are, the sillier the lady is.â Satisfied with the answer, the boy goes to play in the ocean but returns to tell his mother that many of the men have larger âthingsâ than his dad does. She replies, âThe bigger THEY are, the dumber the man is.â Again satisfied with her answer, the boy goes back to the ocean to play. Shortly thereafter, the boy returns again and promptly tells mother: âDaddy is talking to the silliest lady on the beach, and the longer he talks, the dumber he gets.â
Well at least the hookers tell you how much it's going to cost BEFORE they @&$% you. The bankers @&$% you then tell you what you owe... Actually they pick your pocket while @&$%ing you.
Worse than that ..... A young banker decided to get his first tailor made suit. So he went to the finest tailor in town and got measured for a suit. A week later he went in for his first fitting. He put on the suit and he looked stunning, he felt that in this suit he can do business. As he was preening himself in front of the mirror he reached down to put his hands in the pockets and to his surprise he noticed that there were no pockets. He mentioned this to the tailor who asked him, "Didn't you tell me you were a banker?" The young man answered, "Yes, I did." To this the tailor said, "Who ever heard of a banker with his hands in his own pockets?"