Author Topic: I think we hit a magic number  (Read 241 times)

0 Members and 1 Guest are viewing this topic.

Offline Questor

  • Trade Count: (0)
  • Senior Member
  • *****
  • Posts: 7075
I think we hit a magic number
« on: November 06, 2009, 06:23:37 AM »
With the national unemployment rate now officially at 10.2 percent, things are going to become very uncomfortable for Obama's administration. I predict a sudden drop in presidential popularity.
Safety first

Offline searlock

  • Trade Count: (0)
  • Avid Poster
  • **
  • Posts: 189
  • Gender: Male
Re: I think we hit a magic number
« Reply #1 on: November 06, 2009, 06:31:46 AM »
i was watching a show that just reported that when unemployment hit 8% the dow hit 8000 when unemployment hit 9% the dow hit 9000 now the dow is at 10,000 and unemployment is at 10.2%. looks like the jobless rate is good for the wall street fat cats. can you say dow 11,000?

Offline gypsyman

  • Trade Count: (1)
  • Senior Member
  • *****
  • Posts: 4850
Re: I think we hit a magic number
« Reply #2 on: November 06, 2009, 08:08:32 AM »
I don't think it'll hit 11,000.Might, but I doubt it. Just another way they want new money into it. Got a feeling that after the holidays, it's gonna sink like a rock.jmo  gypsyman
We keep trying peace, it usually doesn't work!!Remember(12/7/41)(9/11/01) gypsyman