| Sep 7, 2012 | 1.6 | 8.1% | 8.3% | 8.3% | |
| Aug 3, 2012 | 1.2 | 8.3% | 8.2% | 8.2% | |
| Jul 6, 2012 | 0.8 | 8.2% | 8.2% | 8.2% | |
| Jun 1, 2012 | 1.8 | 8.2% | 8.1% | 8.1% | |
| May 4, 2012 | 1.1 | 8.1% | 8.2% | 8.2% |
Again, this doesn't add up to see such a huge unemployment change from 8.1 down to 7.8- like I've been saying since the beginning of this year (WE Are NOW seeing Major Market Manipulation from the Fed to Favor Obama's re-election,) this is the only reason this came out with just 30 days away from the Presidential election. And with QE3 already in place it makes it seem believable this wasn't planned but once the market see's through all this BS watch for a strong retracement and correction to the downside.
At the moment the AUD/USD is falling through the floor, while Cable is closely following and the EUR/USD is finally catching up to all the mess this morning. I believe the market will rally for a bit but once it gets its fix, the correction to the downside will continue.
Gold has taken a bit of a hit today falling back into the $1776 level but I'm still bullish on gold. Look for this commodity to head much higher over coming days and weeks, I'm looking for a sustained move right through the 1800 resistance level and moving higher, there is no reason why not once the market corrects from this bogus news today and folks start selling the EURO heading into the Dollar and back into Gold for safety.
have a great weekend everyone, and as Perry Marshall says, "sleep with one eye open"
-david
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