Off-Topic: I think you missed the point GF
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   I think you missed the point GF
Date:   2/23/2012 10:20:08 AM

They said sales were up 5% in December and then revised to negative 0.5%. If you have a similar 5.5% swing once they revise the numbers for January that equates to a reduction of 1.1%. Not saying that is going to happen but it is SOP for the government to trumpet rosy estimates of things like home sales and then two months later when the truth comes out it gets almost no press.

So I would not take any comfort in the January numbers since we won't know the truth about them until March.
Other messages in this thread:View Entire Thread
Economic news revised !!! - water_watcher - 2/22/2012 10:02:54 AM
     Economic news revised !!! - GoneFishin - 2/22/2012 10:16:03 AM
          Economic news revised !!! - water_watcher - 2/22/2012 12:01:18 PM
               Economic news revised !!! - GoneFishin - 2/22/2012 12:58:46 PM
                    you dont deserve this - water_watcher - 2/23/2012 7:47:03 AM
                         and BTW - water_watcher - 2/23/2012 7:50:50 AM
          I think you missed the point GF - MartiniMan - 2/23/2012 10:20:08 AM
     Economic news revised !!! - Talullahhound - 2/22/2012 4:18:45 PM
          Economic news revised !!! - MrHodja - 2/22/2012 4:47:07 PM
          May be a different point altogether - MartiniMan - 2/23/2012 10:16:25 AM
               May be a different point altogether - GoneFishin - 2/23/2012 1:44:52 PM
                    Source? - MartiniMan - 2/23/2012 2:29:24 PM
                         Source? - GoneFishin - 2/23/2012 4:17:52 PM
               May be a different point altogether - Talullahhound - 2/23/2012 5:09:16 PM



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