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

To: IQBAL LATIF who wrote (29910)	12/3/1999 8:52:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

<<Average hourly earnings of production or nonsupervisory workers on private nonfarm payrolls rose by 2 cents in November to $13.41, seasonally adjusted. This follows a gain of 4 cents in October (as revised). Over the month, average weekly earnings rose by 0.4 percent to $463.99, seasonally adjusted. Over the year, both average hourly earnings and average weekly earnings increased by 3.6 percent.>> Although the futures are up so is NDX and Comp very very strogn, but hourly earnings at .4% may not give enough momentum to the market to close above 1428.. but with huge liquidity as a result of y2k we may see a move above 1431 if it stays above that and 3500 on Comp is hit we can see SPZ at 1455 in course of next week and 3750 becomes the comp target,if we withdraw from 1428-31.9 area we may close more to 1402ish area.. or below comp 3400..