Re: [CANSLIM] Worley's Weekend Weeview

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Worley's Weekend Weeview
Date: Sat, 8 Jun 2002 22:18:55 -0400

Previous Article (by Subject): Re: [CANSLIM] Worley's Weekend Weeview "Patrick Wahl"
Top of Thread: [CANSLIM] Worley's Weekend Weeview "Tom Worley"
Articles sorted by: [Date] [Author] [Subject]

Hi Patrick,

That's because the jobs creation #  comes from a poll of businesses, while
the Unemployment # comes from a survey of households. So if either survey,
both separate and independent, are inaccurate then you can see results like
this.

I do not expect to see next month's report decline further, rather more
likely it will be back to 6%, but may also show more substantial addition of
jobs at the same time.

- ----- Original Message -----
From: "Patrick Wahl" <pjwahl@attbi.com>
To: <canslim@lists.xmission.com>
Sent: Saturday, June 08, 2002 9:48 PM
Subject: Re: [CANSLIM] Worley's Weekend Weeview

This seems a little confusing to me, probably some odd way the feds count
workers
and so on, maybe you can clear it up - how can expectations be for more jobs
added than actually were, with a rise in unemployment, while in fact we had
a fewer
jobs added with a decrease in the unemployment rate.  Something doesn't add
up
there.

On 8 Jun 2002 at 20:27, Tom Worley wrote:

> EMPLOYMENT
> Friday's report surprised with positive news, overall unemployment
dropping
> to 5.8% from 6% instead of rising as expected to 6.1%. New jobs were well
> under expectations, with 41K added instead of 75K. Revised new jobs in
April
> ended up only 6K.

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.