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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%4:00 PM EST

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To: Haim R. Branisteanu who wrote (24744)9/3/1999 10:29:00 AM
From: Slow&steady  Read Replies (1) of 99985
 
Anyone care to comment on this from Barron's before the jobs report last month, [but applies, I guess any month]:
"The greatest winners when the jobs number comes in low (and thus may herald lower interest rates) are the bank and brokerage sectors. But there are also ways to profit from a larger-than-forecast job report.
Ramaswami [analyst article was about] determined that the Philadelphia Semiconductor, the Morgan Stanley High-Tech and the Morgan Stanley Cyclical indexes all get juiced upward when the number prints to the high side. [Santolini aug 1, 1999]

---why would semi's get swelled from high number & if so, would they get depressed from low number?
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