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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (45211)7/11/2002 9:23:17 AM
From: reaper  Read Replies (1) of 209892
 
these Briefing.com guys are such farking bullish morons. would they be talking about how the data were un-reliable if claims came in BELOW expectations at 375k.

UFB

<<Claims 403K - slightly worse than consensus : Jobless Claims rose 16K to 403K vs the 390K consensus - as we noted, this report was for a holiday week which can sometimes produce additional volatility, and today's increase probably does not indicate an end to the recent downward trend.>>

btw, the requisite "worried trader" picture made its appearance above the fold on the front page of the Boston Globe today. should be good for a rally after the gap down.

Cheers
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