Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (17210)	4/24/1998 4:21:00 PM
From: Death Sphincter	Read Replies (1) of 94695

jim....your link to the Fed is exactly what i was referring to in my last post to you. except i lied, it is not on Wednesday. The ECI (Employment Cost Index) is Thursday at 10:00 am along with GDP. Durable Goods is on Tuesday. Greenspan has always maintained that ECI is his prime indicator, that is why there will be a LOT of interest in this report. Durables will be somewhat of an indicator if the economy is still hot. What does this mean to ME? it means there will be a consolidation thru these reports....if they are as projected then we will see a jump...as money flow to the funds comes in around the 1st and a mini buying spree will occur. Then the Fed meeting on the 19th. lets see what happens. carl

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