Old Project Avalon Forum (ARCHIVE) - View Single Post - What recovery? Unemployment shoots past 10 percent

orthodoxymoron · 11-07-2009, 05:45 AM

The market seemed to be unphased by the unemployment data. Perhaps that 10% is insignificant to them. They called the data a 'lagging indicator'. Do they consider this 10% to be useless feeders? I'm being a bit unfair...but that's sure what it felt like. But you know...the market might perform like a roller-coaster next week. Plummet? Skyrocket? Big Plummet? Beware.

11-07-2009, 05:45 AM	#6
orthodoxymoron Avalon Senior Member Join Date: Oct 2008 Location: Lunar Base II Posts: 3,093	Re: What recovery? Unemployment shoots past 10 percent The market seemed to be unphased by the unemployment data. Perhaps that 10% is insignificant to them. They called the data a 'lagging indicator'. Do they consider this 10% to be useless feeders? I'm being a bit unfair...but that's sure what it felt like. But you know...the market might perform like a roller-coaster next week. Plummet? Skyrocket? Big Plummet? Beware. Last edited by orthodoxymoron; 11-07-2009 at 05:50 AM.