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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (45247)	4/6/2000 3:37:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

George, i know...there was only ONE exception to the rule (big rally) in the past 18 months...so if we sell off tomorrow, it would be a bad sign. if we rally, business as usual is back.

To: Crimson Ghost who wrote (45247)	4/6/2000 6:56:00 PM
From: RocketMan	Read Replies (2) \| Respond to of 99985

At these low levels of unemployment, I think we are measuring noise rather than signal. The difference between, say, 4 and 4.5 % unemployment might be important, but it's not clear that the difference between 4 and 3.9%, as tomorrow's figures are likely to give, is either important or measurable. Take a look at how the unemployment figures have gone down almost linearly since 93 and how nicely they have smoothed out over the last year. Too smooth, if you ask me. stats.bls.gov