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EurAnalysis Kindergarten 24 replies

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  • #57,861
  • Oct 5, 2012 5:59am Oct 5, 2012 5:59am
Quoting Gofer Pips
Due to people giving up hope and dropping out of looking for a job. They are not counted
In fact, those who have not been actively looking for work in the last 4 weeks are not counted as unemployed.
Those who say it cannot be done should not interrupt those who are doing it
  • #57,862
  • Oct 5, 2012 5:59am Oct 5, 2012 5:59am
Quoting 100PipsADay
I'm confused about the 7.8% UR...?

How is the unemployment rate significantly better but employment figures did not change? How does that work?
Barnum & Bailey the circus folks I think said...

There is a sucker born every moment or as George Walker Bush once said at a National Press Conference

"Fool Me Once, Shame on You"

Fool Me Twice .... Duh Duh Duh

http://en.wikipedia.org/wiki/There&#...n_every_minute

When Barnum's biographer tried to track down when Barnum had uttered this phrase, all of Barnum's friends and acquaintances told him it was out of character. Barnum's credo was more along the lines of "there's a customer born every minute" — he wanted to find ways to draw new customers in all the time because competition was fierce and people could become bored easily.[citation needed]
http://upload.wikimedia.org/wikipedi...nn%2C_1885.jpghttp://bits.wikimedia.org/static-1.2...gnify-clip.png
photo of P T Barnum by Charles Eisenmann


Some sources claim the quote is most likely from famous con-man Joseph ("Paper Collar Joe") Bessimer,[1] and other sources say it was actually uttered by David Hannum, spoken in reference to Barnum's part in the Cardiff Giant hoax. Hannum, who was exhibiting the "original" giant and had unsuccessfully sued Barnum for exhibiting a copy and claiming it was the original, was referring to the crowds continuing to pay to see Barnum's exhibit even after both it and the original had been proven to be fakes.

In turn, Barnum's fellow circus owner and arch-rival Adam Forepaugh attributed the quote to Barnum in a newspaper interview in an attempt to discredit him. However, Barnum never denied making the quote. It is said that he thanked Forepaugh for the free publicity he had given him.[citation needed]

Another source credits late 1860s Chicago "bounty broker, saloon and gambling-house keeper, eminent politician, and dispenser of cheating privileges..." Michael Cassius McDonald as the originator of the aphorism. According to the book Gem of the Prairie: Chicago Underworld (1940) by Herbert Asbury, when McDonald was equipping his gambling house known as The Store (at Clark and Monroe Streets in Chicago) his partner Harry Lawrence expressed concern over the large number of roulette wheels and faro tables being installed and their ability to get enough players to play the games. McDonald then allegedly said, "Don't worry about that, there's a sucker born every minute."[citation needed]

The phrase is the title of the opening song in the Broadway musical Barnum, about P.T. Barnum's life.



Alice In Wonderland

How Far Down We Have Come...

Thanks to the Internet some of us are NOT IGNORANT !!!
  • #57,863
  • Oct 5, 2012 6:00am Oct 5, 2012 6:00am
Quoting godrich
i would like to dedicate this victory to all of those .....ha ha

more realistically i should be saying even a blind squirrel....

thanks for the voucher piptrapper


Godrich for President.


http://www.bullz-eye.com/entertainme...on-150x181.jpg

  • #57,864
  • Oct 5, 2012 6:02am Oct 5, 2012 6:02am
Quoting PipTrapper
In fact, those who have not been actively looking for work in the last 4 weeks are not counted as unemployed.
I'm no conspiracy theorist but it does seem a little fishy that we somehow (out of nowhere) got the best unemployment rate in 4 years all of a sudden 1 month before Presidential elections.

Maybe I'm reading into this a little more than I should, but just seems odd.
  • #57,865
  • Oct 5, 2012 6:07am Oct 5, 2012 6:07am
I can guarantee that nobody will see the number of 114k... it will be the 7.8% all over the news and how Obama achieved his targets... BS...
  • #57,866
  • Oct 5, 2012 6:08am Oct 5, 2012 6:08am
Quoting 100PipsADay

*I apply the same trading strategy to multiple currency pairs.

*Max positions per currency pair 4-8

* SL: 160-180 TP: 280-320
so 100pipsADay, it means u risk 160-180 on 1 trade?is that not to large for intraday,but its good though for position trading.
tell me more?
Life is beautiful the way you dress it.
  • #57,867
  • Oct 5, 2012 6:09am Oct 5, 2012 6:09am
Quoting lc_invest
I can guarantee that nobody will see the number of 114k... it will be the 7.8% all over the news and how Obama achieved his targets... BS...
Oh you can take that bet to the bank.. that's for sure.
Those who say it cannot be done should not interrupt those who are doing it
  • #57,868
  • Oct 5, 2012 6:10am Oct 5, 2012 6:10am
Quoting fxcode
so 100pipsADay, it means u risk 160-180 on 1 trade?is that not to large for intraday,but its good though for position trading.
tell me more?
That is swing trading. Position trading is risking 500 pips for 2000 pips gain.
Those who say it cannot be done should not interrupt those who are doing it
  • #57,869
  • Oct 5, 2012 6:10am Oct 5, 2012 6:10am
♪♫♫♪ You're just too good to be true-ue / Can't take my eyes off of you-ou ......

Attached Image (click to enlarge)
Click to Enlarge Name: eu H4.jpg Size: 72 KB



all together:

Inserted Video
  • #57,870
  • Oct 5, 2012 6:11am Oct 5, 2012 6:11am
Quoting 100PipsADay
I'm no conspiracy theorist but it does seem a little fishy that we somehow (out of nowhere) got the best unemployment rate in 4 years all of a sudden 1 month before Presidential elections.

Maybe I'm reading into this a little more than I should, but just seems odd.

they just spoke about that on CNBC a few min ago
  • #57,871
  • Oct 5, 2012 6:12am Oct 5, 2012 6:12am
PipTrapper what are your thoughts on that 7,8 number? It's surely risk-on but what about relations to QE? May be QE is just too distinct matter for now..?
69
  • #57,872
  • Oct 5, 2012 6:14am Oct 5, 2012 6:14am
Quoting 100PipsADay
I'm no conspiracy theorist but it does seem a little fishy that we somehow (out of nowhere) got the best unemployment rate in 4 years all of a sudden 1 month before Presidential elections.

Maybe I'm reading into this a little more than I should, but just seems odd.
yep full of crap data...
  • #57,873
  • Oct 5, 2012 6:16am Oct 5, 2012 6:16am
Quoting PipTrapper
That is swing trading. Position trading is risking 500 pips for 2000 pips gain.
Right

I don't think I'm patient enough to be a Position Trader like yourself!
  • #57,874
  • Oct 5, 2012 6:18am Oct 5, 2012 6:18am
Quoting TRMZXT
yep full of crap data...
Man tell me about it, this new Unemployment Rate came out of nowhere! It's not like anything changed as far as new jobs and what not. And I don't think that all of a sudden an additional .4% of everybody looking for work this past year just stopped looking for work all of a sudden in September...

Something's going on here, if I'm not mistaken, not President in history has been re-elected with unemployment above 8%. Well, now Obama is back in the race...
  • #57,875
  • Oct 5, 2012 6:19am Oct 5, 2012 6:19am
Quoting catwoman
♪♫♫♪ You're just too good to be true-ue / Can't take my eyes off of you-ou ......

Attachment

You have vision. Will you marry me?
  • #57,876
  • Oct 5, 2012 6:21am Oct 5, 2012 6:21am
Quoting Likerty
PipTrapper what are your thoughts on that 7,8 number? It's surely risk-on but what about relations to QE? May be QE is just too distinct matter for now..?
Wait another 10 mins for Equities market.
  • #57,877
  • Oct 5, 2012 6:22am Oct 5, 2012 6:22am
Theory. US jobless rate drops and Canadian jobless rate rises. I think jobless Americans moved to Canada LOL
Those who say it cannot be done should not interrupt those who are doing it
  • #57,878
  • Oct 5, 2012 6:22am Oct 5, 2012 6:22am
Quoting 100PipsADay
Man tell me about it, this new Unemployment Rate came out of nowhere! It's not like anything changed as far as new jobs and what not. And I don't think that all of a sudden an additional .4% of everybody looking for work this past year just stopped looking for work all of a sudden in September...

Something's going on here, if I'm not mistaken, not President in history has been re-elected with unemployment above 8%. Well, now Obama is back in the race...

yep... Well when you get murdered in a debate. Gotta have something. Fudge the numbers.
  • #57,879
  • Oct 5, 2012 6:24am Oct 5, 2012 6:24am
Quoting Likerty
PipTrapper what are your thoughts on that 7,8 number? It's surely risk-on but what about relations to QE? May be QE is just too distinct matter for now..?
QE is not working as well as they expected, so perhaps the 7.8% rate will make the market believe. It's all about perception lately. Reality has nothing to do with it. The hope is that perception will become reality like it has in the past. Best of luck this time.
Those who say it cannot be done should not interrupt those who are doing it
  • #57,880
  • Oct 5, 2012 6:24am Oct 5, 2012 6:24am
I cant say I've seen this before...coming up to an hour after NFP numbers released & the daily range is sitting @ 48... Somethings up...
Those that say do not know. Those that know do not say.
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