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Strategies & Market Trends : NetCurrents NTCS
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To: Jerry Olson who wrote (5080)12/14/2000 10:18:48 PM
From: kha vu   of 8925
 
<<<the positive PPI report this morning was ignored after the JPM bombshell. Still the Fed will not ignore the total lack of inflation as shown in the PPI at +0.1% which was less than the consensus of +0.2%. Even the core rate remained unchanged indicating that inflation pressures
are nonexistent. The market however was driven sharply lower by a -$11 initial drop in JPM which is a Dow component.
>>>>>>>.
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