Added one more thought on this on my main thread. And that is the housing sector should reduce the construction employment portion. http://elitetrader.com/vb/showthread.php?s=&postid=1595720#post1595720
That was a nice call pabst. Those numbers were horrific indeed. Alan Abelson's going to have an editorial field day, this Sunday. Just to add to the jovial sentiment, has anyone played with gummy's latest crash simulator? Add to that, the 911 put options conspiracies and the sunspot cycle pk coming up at that time of the year.... Man, I usually don't follow the astrological sciences, but there are some spooky volatility chimes on the horizon. By the way, gummy's work is far from pseudoscience. And before anyone bets the farm short, his indicator is predicting extreme volatility in either direction.
worth reading (or listening if you have Bloomberg): http://www.bloomberg.com/apps/news?pid=20601087&sid=a.PPpR.4Zr_0&refer=home