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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Psycho-Social who wrote (16226)	12/27/2001 6:27:01 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 99280

"Record Layoffs: Traders and investors can't make money reacting to old data. Initial Claims for Unemployment have continued to trend generally lower since their peak at 505 thous/wk centered in early October. It's the most comprehensive and timely barometer of current economic trends available and confirms a gradual moderating of the recession." What do you suppose the impact of hiring seasonal employees for the holidays has had on the claims number? What about the unusually warm weather resulting in the lengthing of the construction season/housing starts? The weather can change, it has here and the holiday season is ending..DD