Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Eski who wrote (10002)	5/3/2000 5:24:00 PM
From: t2	Read Replies (2) \| Respond to of 24042

You WON'T get any rally tommorow in afternoon with these figures due at 8:30am Friday. 1.Nonfarm Payroll 2.Unemployment Rate 3.Hourly Earnings 4.Average Workweek Eski, Actually that is my reason for a late afternoon rally tomorrow.<g> The bad news is already expected and factored in to the stock market. The only possibility I see is for a surprise in the number. That is why the bet will be made tomorrow. That is why we rally late in the day. The bottom line for my reason is that money is not leaving the market and until it does, we are going to see buying on dips. By late in the day, we should see some short covering ahead of the Friday numbers, which should fuel the gains tomorrow. I don't have a feeling for the morning trading tomorrow but I will be playing the close---buying middle of the day for a quick gain. Of course if we get a strong open tomorrow, i will might not commit to buying. IMHO.