THE JOBS NUMBER ON FRIDAY WILL BE MUCH WORSE THAT EXPECTED...
ABOUT 410,000 JOBS WILL HAVE BEEN ELIMINATED...
WHY? THE WEEKLY UNEMPLOYMENT CLAIMS HAVE BEEN MASSIVELY AT DEPRESSION LEVELS FOR A LONG TIME...AND WORSE IN NOVEMBER WITH 540,000 BEING ABOUT AVERAGE...
YOU DO NOT GET THAT KIND OF WEEKLY NUMBER OVER AND OVER...WITHOUT HAVING A DISASTER AT THE END OF THE MONTH...
AS TO THE MARKET...WELL IT'S ALL HYDROLYICS AND MECHANICS NOW...BUT GIVEN THE RECORD 1932 STYLE RUN UP... IT WILL LIKELY TRADE DOWN THIS WEEK GOING INTO THIS JOBS NUMBER CATASTROPHE...
