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Pastimes : Ask Mohan about the Market
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To: Zeev Hed who wrote (10325)12/6/1997 1:19:00 AM
From: Simon  Read Replies (1) of 18056
 
The market was handed an excuse to go down today (strong emplyment and 24 year low in unemployment) but did not use it.>>> 2 yrs ago the employment figures came out in March (I think) and the market blew out 180 pts. in the afternoon. The number was only mildly higher than that which was expected. If the market want's to go up, nothing makes much difference. If it is in a down mode, a mouse on the exchange floor will probably panic Maria. She will scream and 10 million investors will panic sell. (GGG)
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