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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (5896)	10/5/2000 8:41:57 PM
From: Zeev Hed	Respond to of 30051

The fact that it went off to under that intraday support toward the end of the day "may indicate" lessening of that support. I would not read much into it. I expect it to again open higher and print above $85 before it turns down with the rest of the market> This, short of course, of an unusual surprise in the employment numbers (as John stated), but I also think that the fact that the feds refused to change their "cautious" stand could neutralize any "good news" (ya, more unemployed is good news, I sound like Bush) a weak employment report might be construed as. Zeev