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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (22848)	12/7/2000 7:04:38 PM
From: Jim Willie CB	Respond to of 65232

on tap tomorrow: rejigger S&P, jobs report, INTC warns, Election rulings Bessy, Owens Ill, WRGrace, Crown Cork, Seagrams all removed from S&P reason: shrinking dinkies, I mean mktcap Amac Financial, Allegheny Energy, Intuit, Symbol Tech, and one other included in S&P gonna cause a disruption at close Friday the mktcaps of inclusions are much bigger than exclusions fully 10% of S&P has turned over this year biggest turnover since 1976 a smoking gun for non-farm payroll could prompt Greinstein to cut rates sooner rather than later we may see a big drop in jobs, big jump in unemploymt rate Greeny has practically stated they will cut only if unemploymt is 4.0% or more seasonal adjustment revisions come to play also I still maintain Greeny is behind the curve ABOLISH THE FED, GO WITH CREDIT MARKET EQUILIBRIUM / Jim