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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%4:00 PM EST

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To: Lee Lichterman III who wrote (25333)9/9/1999 10:37:00 AM
From: Lee Lichterman III  Read Replies (2) of 99985
 
Economic Data for Thursday, September 9, 1999
Weekly Jobless Claims = -4k to 286k expected was +1000

dol.gov

U.S. Aug Import Prices +1.0 Pct After Rev +0.8 Pct in July
biz.yahoo.com

U.S. Aug Export Prices +0.4 Pct After Rev -0.3 Pct in July
biz.yahoo.com

Don't know what the expected numbers were for the other ones.

Hmmm, Jobless claims are down and market still trying to go up. This is nuts. Hey Idiots!!!! That means the labor force is getting tighter again !!!!!!! Can you say inflationary pressure boys and girls.... I knew you could.

I am buying puts here somewhere, there has to be a sense on reality returning to this market sometime... Doesn't there.... as GZ would say, (Gulp)

Good Luck,

Lee
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