free" 3% "guaranteed","fully liquid" annuity that's currently being offered thru Merrill?Is this a desperation move to pull in money to fill some black holes?
Look at the way it jumps from 10.27 in Amsterdam, this baby wants to break 10.55:http://www.debeurs.nl/koersen/details.asp?iid=14279&parent=hoofdfondsenIf the job report is propitious I see 11 today.
Decline in jobless rate-Found a late day report today that "more teenagers" entered the workforce and this caused the rate to deline.These are "marginal" part time jobs and not the high pay rate for technology type of work.I think the decline in jobless rate is masking the true employment situation.I agree with you, further market declines into late October.
I agree if you could believe government jobless figures.They are always readjusted 30 to 45 days later.Looking for all market indices to head down through ctober 18th. Possibly a temporary bounce around the 18th, then down again.