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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (9759)	7/23/2004 3:59:37 PM
From: yard_man	Read Replies (1) \| Respond to of 116555

>>I believe there are many like him and more so the index funds << more than 1/3 of the funds are traded this way, I'd bet ...

To: Haim R. Branisteanu who wrote (9759)	7/23/2004 4:58:21 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

I will be not surprised if the employment # will show a substantial growth for July as they will play with the "Birth /Death " ratio. They need a good employment # for the conventions and I think the FX market got the rumor that is why the USD went up IMHO and AG said it’s weakness temporary – all statistics are now adjusted for political timing Bonds would not rise on strong employment numbers. The US$ and treasuries were bot up last couple days and we have not seen that for quite some time. I think numbers are going to suck mut market expects FED to hike anyway which is propping up the $. Who knows. Not sure anything makes any sense. especially lumber. Mish