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


To: el paradisio who wrote (56480)7/12/2000 11:09:16 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
Excluding the one-time Census staffing, the jobs gained were 206,000 last month. Also, the household survey sample is still something like 500,000 below two months ago. There's likely some statistical adjustment bias at work.

I see plenty of retail stocks going higher in the last two weeks, especially in the apparel and consumer electronics. I suspect there was some slowdown due to market, but more of it was likely due to seasonal slowdown and gas spikes above $ 2.25 in the West and Midwest in the Spring.



To: el paradisio who wrote (56480)7/13/2000 5:10:27 AM
From: Eski  Read Replies (1) | Respond to of 99985
 
""Les,as long as consumers are spending and the dollar is strong,this market will go higher......""

Yup and then Grennie and Company will continue to keep raising Interest rates due to the his so-call WEALTH effect.
Then What?