Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (1225)	3/4/2004 6:56:44 PM
From: gregor_us	Read Replies (2) of 116555

Still Like Your Idea That They'd Couple a Ferocious PPI ..with a bad jobs report--just to keep the markets confused. However, as I'm sure you've seen--Briefing.com has no idea what they are posting, in saying the Mysterious Missing PPI will "emerge" tomorrow. (I keep checking bls.gov site--but there remains no confirmation of a release.) I look for more Treading Water, Mish, in tomorrow's job reports. Nothing horrific on the upside or downside--because February just isn't the kind of month, IMO, that tends to zig or zag in either direction. That said, I am firm that bond and currency risk--and Trading Risk in general--remains to an "upside" report. Clearly the markets have already positioned themselves for that--but it may not be enough. I'm not trading it, therefore. It's just too wacky already. One exception: if Silver got killed tomorrow I might wade back in to some more CDE. Good luck. Regards, LP

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