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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: dave katragadda who wrote (29899)12/3/1999 8:01:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Our Lee has summed up your query in her morning post..

<<The better forecasters out there reckon that average hourly earnings will post a 0.4% increase and that the unemployment rate will drop a tenth to 4%.

Blood's likely to spill if they're right; it'll rain champagne if they're not. >>

So if we see 1418 taken out we are going through the 1428 resistance if 1402 is broken we go and test 1382.. so the range is very wide but so is the importance of number. a strong number will certainly lead to more fed hikes rumours and that will be in medium term not very helpful to the market ...