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Strategies & Market Trends : Guidance and Visibility
AAPL 258.60-0.3%10:05 AM EST

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To: Jeff Jordan who wrote (9529)8/2/2001 8:44:13 AM
From: DebtBomb  Read Replies (1) of 208838
 
It might Jeff, don't know, we'll see, I'm not bullish, I think it's all a hype job, just trading here.
Economic Data : Jobless claims fell 23K to 346K in the July 28 week vs the
consensus of 390K. This is the third straight large decline, bringing claims down over
100K in just three weeks. Believe it? We don't. The mid-400K numbers of a few weeks
ago probably overstated the trend, but today's number just as certainly understates it.
We seriously doubt that there has been any significant improvement in the labor market
yet, and tomorrow's Employment Report should confirm that.
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