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Strategies & Market Trends : Market Direction Predictions and BS guesses -- Ignore unavailable to you. Want to Upgrade?


To: fut_trade who wrote (203)6/22/2000 8:45:00 AM
From: Vitalsigns  Respond to of 234
 
8:30 a.m. EDT:Initial jobless claims for the week ended
June 17. Consensus estimate: 289,000. Prior report: 296,000.


8:37 am
theglobeandmail.com

U.S. unemployment numbers rise

Globe and Mail Update

Jobless figures released today suggest the hot labour market in the United States is
beginning to cool.

Labor Department figures show that first-time jobless claims rose to a seasonally adjusted
figure of 302,000. It's the highest level in more than a year.


This data is the latest in a growing number of indications that the U.S. economy is
slowing. The number is slightly higher than expected.

In April, first-time jobless claims in the United States were at 257,000. That was the
lowest figure in almost 30 years.



To: fut_trade who wrote (203)6/22/2000 1:30:00 PM
From: michaele23  Read Replies (1) | Respond to of 234
 
Looks like the jobless claims are heading in the right direction, let's hope the government does something about oil prices now too besides blame the oil companies.

I am clueless about where the Nas is going today. My best guess is that it will stay about the same, give or take 20 points, that is end up down anywhere from 10 to 50. It just seems like that kind of listless day, tight trading range and no one taking too many chances.