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Re: Ahead Of Tomorrow's ISM Plunge

By: capt_nemo in WRGO | Recommend this post (0)
Wed, 01 Jun 11 5:36 PM | 75 view(s)
Boardmark this board | Reality news,,,,,,,,
Msg. 00238 of 18626
(This msg. is a reply to 00223 by capt_nemo)

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and there is the chit numbers. So predictable, this scam of a market. Ramp it up good, day before the numbers, so when they do come out it wont be a bigger drop,. I have said it before, if it wasn't for this manipulation, there would not be a market at all............




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Ahead Of Tomorrow's ISM Plunge
By: capt_nemo
in WRGO
Wed, 01 Jun 11 8:07 AM
Msg. 00223 of 18626

Submitted by Tyler Durden on 06/01/2011 00:05 -0400

May surveys had the largest ‘negative surprise’ since Bloomberg started tracking consensus estimates in 1998. In addition, several of the reports have shown some of the largest two and three month rates of decline on record. Whether this is indicative of a mid-cycle slowdown, or something more serious, a continuation of the recent deterioration could well set the table for QE3... Oh, and tomorrow's ISM will likely be a bloodbath, which in continuation of today's bizarro market (and world) will mean the S&P closes at least 2% higher.

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http://www.zerohedge.com/article/ahead-tomorrows-ism-plunge


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