Friday, May 7, 2010

The Bogus BLS Numbers and More

There are only so many times that I can report on the bogus BLS numbers without losing my mind, so fortunately we have this report to bring you up to date. I don't know who this guy is, but in this video he is solid.

(Thanks to Viresh Amin)

2 comments:

  1. The video brings up an interesting point: what did cause the 600 point rebound? Could you imagine the return for someone who bought in at the bottom on Thursday?

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  2. You wouldn't have been able to trade at the bottom. Trust me I tried to sell a short and it took 30 minutes for the trade to go through, which is way after the bottom. Thats a small trade though, so maybe if you had millions of dollars maybe the trade could have gone through.

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