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Politics : Idea Of The Day

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To: Lee who wrote (25837)4/29/1999 11:58:00 AM
From: Judy  Read Replies (2) of 50167
 
Hi Lee,

Good article. Re: "people who have never even once actually looked at the source data -- draw all kinds of idiotic conclusions that simply aren't true."

And it is exactly these idiotic conclusions that drive the short-term gyrations in the market, so I await the GDP tomorrow before initiating any further trades. Today's economic picture was stronger than I like, so a GDP not sufficiently "soft" could be the catalyst for the market's retrace down. Besides, both Carpino and Favors are calling for a top of sorts next week ... and one of them is often correct, so if both are saying the same thing, well gee whiz. ("gee whiz" ... I picked that term up from OJ, he's cute!)

The market is slamming the techs and internets gently today down to some key supports.
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