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H the K[_2_]

On 10/24/09 1:56 PM, wrote:
On Fri, 23 Oct 2009 13:57:00 -0700, "nom=de=plume"
wrote:

Where is the recovery? The lead in the Dow rise is financials. And they
are going up because of the huge amounts of money the Fed is tossing at
them. The job outlook is bad, the retail outlook is bad, as those 20%+
without a job are not spending. The housing sales increase, but the price
decreased, and the $8k gift from the Fed just accelerated the purchases
and seems as if they are looking at $500 million if fraud with the
program. Look for the Dow to pull back 10-15% shortly. Put stops on your
stocks.

Look it up. It's been all over the news. So far, you haven't said anything
revealing about the recovery or lack thereof.

I think what he is saying is we are having a stock market rally, not
any real reconvey that has trickled down to the average worker. If
this is a "double dip" as many suggest, you should be locking in these
gains and be ready to buy the stocks back when the "recovery" starts
over next year.
The recovery in jobs is still a ways off, really looking for something
for these people to do for a living.

Employment is a trailing indicator.