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

To: RocketMan who wrote (45257)4/6/2000 7:11:00 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 99985
 
RM, one thing about the unemployment stats: they seem to be nearing a nadir. in short, things are as good as they get. looking at unemployment stats in relation to the stock market, in the past (e.g. the early '70's) nadirs in unemployment coincided with peaks in the stock market. not exactly of course, but pretty closely.

regards,

hb



To: RocketMan who wrote (45257)4/6/2000 7:12:00 PM
From: Crimson Ghost  Respond to of 99985
 
Rocket:

You are correct, but the fact still stands that the market almost always rallies strongly when the job numbers are released.

Just a coincidence, of course.


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