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To: yard_man who wrote (99538)5/4/2001 10:10:01 AM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<they've hung on to this 2md half turnaround theory in spite of all kinds of news -- why this? I guess it just has to accumulate and stew for a while before things return to the negative side>>

Fleck has made that point several times. In bear market rally mode, bad news is ignored until it can't be any longer. The jobs report was absolutely shocking, even to me and I'm a charter member of jjetstream's U.S. Layoffs board....<G>