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To: bill meehan who wrote (73122)	11/2/1999 9:11:00 AM
From: Lucretius	Read Replies (1) \| Respond to of 86076

i'd buy calls if i were you. fleabay generally melts up on this kind of news

To: bill meehan who wrote (73122)	11/2/1999 9:15:00 AM
From: Defrocked	Read Replies (2) \| Respond to of 86076

Must be common enough that Bloomberg doesn't consider it news. BTW, how long has the "Ignore This Person" option been available as an SI function??? Great idea.<g>

To: bill meehan who wrote (73122)	11/2/1999 9:17:00 AM
From: IceShark	Respond to of 86076

Bill, it has been down, off and on, since last Friday. They must have a POS system that really should be scrapped all together but what do you do in the meantime? Thus the bandaid approach and periodic outages. Market doesn't seem to care about this though.

To: bill meehan who wrote (73122)	11/2/1999 9:24:00 AM
From: John Pitera	Read Replies (1) \| Respond to of 86076

some good thoughts on how Floyd may bump up Friday's number..... the October's Employment Report -- not unlike September's -- should also feel the effects of hurricane Floyd. The market is largely expecting a post-hurricane bounce in payrolls, with the median at 300K and estimates ranging from 200K to 525K. The historical data points to such a rise, as the last time we saw this sort of movement was in January 1996, when the south and northeast were crippled by a blizzard. In January 1996, payrolls fell 48K and then bounded back with a 479K increase in February. A 525K increase would certainly look ugly at first glance, but an increase of that magnitude would place average job growth for the year at 225K, which is still 3K less than the average for the first ten months of 1998. A reading of 300K would place average job growth for the year at 205K. The bottom line is that even if payrolls print a number as ugly as 525K, it just isn't that bad for the market, as it can be written off to the storm. This should also be readily apparent to the FOMC.