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  • Stone Fox C...: 
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  Sure sounds like Goldman wanted to cause a panic. Force people out of stop losses and suck in the shorts...hmm. None of the overall data supports a higher number. Guess they want to be equally wrong as last month. If the rolling 4 week claims is at the lowest level in months, I'm not sure I understand why GS thinks the jobs number will be worst then last month. Not to mention that ADP and the Challenger layoffs reports were all lower then last month. Not sure we'll see the consensus number, but it sure seems like a 200K number would be in line - a slight decrease like all the other employment numbers.

  Oct 01 08:52 PM | Link | Reply
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  • tripleblack: 
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  • Stan Bruns Illustrations
  Could there be a little birdie inside the Obama administration whispering insider info to GS?
  
  Nah, couldn't be...

  Oct 01 09:03 PM | Link | Reply
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  • tunaman4u2: 
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  This will be a 225K job loss setting up a "Better than expected" vs the new 250K prediction...
  GS has been leading the stick saves for months now driving this market higher for a long time, got people on board & they are pulling the rug. They make no money with a flat market.
  The market needed stick saves during the last 30 minutes to get above 8K through 9K until people started getting on board.
  Now GS pulls the "Reverse stick save"
  Go ahead & rationalize the bull or bear case... lets face it, GS sets the tone as it wishes & we are along for the ride.

  Oct 01 09:09 PM | Link | Reply
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  • Neil459: 
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  • perceptivemind.com
  On Oct 01 09:03 PM tripleblack wrote:
  > Could there be a little birdie inside the Obama administration whispering
  > insider info to GS?
  >
  > Nah, couldn't be...
  
  You may have that backwards. The birdie works for GS and is saying, "hey Administration, a few more bucks our way or we'll make our money on the downside."

  Oct 01 09:29 PM | Link | Reply
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  • Bill S. Friend: 
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  What about the "jobless recovery" ?? I dont trust one thing about this market. Spin city.

  Oct 01 09:50 PM | Link | Reply
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  • spald_fr: 
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  Oh, I get it. "Green Shoots" is Washington-speak for "Goldman Sachs".

  Oct 01 10:42 PM | Link | Reply
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  • TraderD: 
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  Government Sacks

  Oct 01 11:16 PM | Link | Reply
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  • Bill L.: 
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  This is the worst recession since the great depression, we are not going to just skate out of this in 17 months right into a raging bull market.

  Oct 02 12:02 AM | Link | Reply
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  • GreenMom: 
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  If Goldman Sachs is so good at everything, let them announce that everyone is back to work so we can blindly spend again. Investors, do your own homework. Fire your broker, your financial advisor, and for God's sake, get the hell out of the horribly performing mutual funds. Trust your own gut. GS will continue to yank the market around, but even they are not big enough to stop the deflationary tidal wave coming our way. If GS does manage one more rally, SELL INTO IT ALONG WITH THEM, then let the market drop like an elevator with cut cables, only buying when YOU experience recovery. The 9/30 end of day rally was the push by the program purchases to make one final good trade, and act like they had caught the whole rally. At 3:30 pm they left the remaining participants holding the bag. With big program investors out until January and horrible econ data, we are going to the basement.

  Oct 02 12:59 AM | Link | Reply
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  • nobby73: 
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  Clearly they need to be reminded to only publish estimations that can be beaten. Anyway, it helped the Primary Dealers preposition for next weeks auctions.

  Oct 02 02:28 AM | Link | Reply
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  • dare16: 
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  Why not everybody follow Goldman,change the number to 250k, consensus would also become 250k, then the bull run would continue, because we have beat expectation.

  Oct 02 03:23 AM | Link | Reply
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  • cash: 
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  Perhaps GS can take 250K of the unemployed on its payroll, thereby making the greatest reversal in job numbers, and thereby pushing the market back up to 1500 in SPY. They can then fire them all and short the market while doing so. They certainly have the money to do so ($5 /hr would be the pay for doing nothing), and will make more money up & down. All legal.

  Oct 02 06:55 AM | Link | Reply