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Politics : Idea Of The Day

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To: Jerry Olson who wrote (38221)	4/8/2001 3:39:47 PM
From: James Strauss	Read Replies (1) of 50167

OJ: Thanks for the morning E-Mail... The SPX looks like it wants to put in a double bottom... stockcharts.com But, the negative market response to a big jump in the number of jobs lost (86000), suggests that it no longer trusts the FED to respond quickly to important recession causing news items... If the FED doesn't act this week, we'll probably test the 923 area... stockcharts.com[l,a]maclyymy[pc34!c13!c5][vc60][iUb14!La12,26,9!Lk14!Lc20] Jim

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