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To: donald sew who wrote (36156)3/6/1998 9:03:00 AM
From: Bart  Respond to of 58727
 
Don-The March numbers have been stronger than expected for several years and this one was only a little stronger so I suspect they had priced in negative expectations. These numbers were strong but not toooo strong!-I think you are right on the money with the sell the rally and buy puts mentality as McClellan summation is turning negative and it shows the momentum of the market.
Be nimble and make $$!



To: donald sew who wrote (36156)3/6/1998 9:08:00 AM
From: Patrick Slevin  Respond to of 58727
 
I have not seen the numbers, perhaps Bart is correct. Non-Farm was to be a problem if it was higher than 300,000.

Best guess is, with respect to yesterday's moderate decline, any numbers were good numbers.

Fine with me. Let 'em bring it up as high as they like.
~~~~~~~~~~~~~~~
EDIR. Also, you must take into account the factor that the numbers were an "Unknown Factor" going in to the morning. Now that the suspense is out of the way there is some release, however temporary.



To: donald sew who wrote (36156)3/6/1998 9:31:00 AM
From: Darth Trader  Respond to of 58727
 
The bond and equity markets ordinarily doesn't like strong economic numbers because they are inflationary. The concerns of Asia and world wide slowdown is anti-inflationary, the last two times strong economic data has come in the markets saw it as a relief from deflation.