archer wrote: Ahhh... If you had actually read my original response to that very question you would see that I answered with a general, not specific, group....investors. when questioned on that answer I elaborated on it with personal experience. That mr troll is how a discussion works. Unless you come along to attack the poster because you can't refute the post.
And do you know how much of those investments you are living off of was generated (or still generated) by equity firms. The same sort of firms that buy, sell, hire and fire?
When looking at an economic indicator from a technical analysis perspective, the factors to look at are key levels, changes in momentum, cycles and correlation, according to Ron William, a technical analyst at MIG Bank.
“Nonfarm payroll has been decelerating since the beginning of 2012,” William told CNBC.com. “The probability of an acceleration of that down move is high over the next two quarters.”
The data lost positive momentum after failing to hold above the 2011 high of 251,000, and has also remained beneath a multiyear ceiling of around 340,000. During January 2012 “the loss of upside momentum triggered a DeMark exhaustion signal,” he said.
An exhaustion signal usually indicates a reversal in the trend. The DeMark Indicators are a collection of sophisticated market-timing tools created by Tom DeMark over the course of nearly 40 years in the financial industry.
“The key level that everyone in the market should be focusing on [for nonfarm payrolls] is 54,000,” William added. “I think that over the multimonth period the probability favors that we test this area and maybe move into negative territory if it is confirmed.”
