4/05/2004

Investment guru phonies blogging on web and employment A bunch of dopes with zero in the market. Everybody is a jerk. The good ones all have private newsletters or private data bases and you have to pay a fucking fortune to get them. The biggest and best, WONDA, costs more than $100,000 per year, is released weekly, and is used by most all institutions and very large brokerage firms (Merrill, Goldman, etc.). Don't think for one second anyone will divulge that data. When you read of some blog or net bozo talking about "real unemployment", fuhgedaboud him. All you care about as an investor is your numbers and fuck the "news". Employment data gathered by the government has used the same techniques for twenty years. We are comparing apples to apples. Period. The "secret employment" numbers are bogus. I used to work with some "disadvantaged" people and most of these losers had non-profit corporations that earned nothing. 1099 income or that kind of "employment" is mostly bums. A few real start ups that will show up as regular stuff if and when they are successsful. Have a system. Stay with your system. Don't go to the web for "tips". Upcoming data will show in the charts long before "phony data" shows up as real data. Market turned down in March of 00 in anticipation of the dot com melt down. It turned up in March of 03 with a vengence anticipating the numbers we have now. Just market info baby, you don't ever have to read the news.

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