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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (37167)	2/5/1999 7:48:00 PM
From: James F. Hopkins	Respond to of 94695

Hi Haim; What I've been looking at makes me question taht full employment number, many of the lay offs are getting severance packages and don't show up in the numbers the Fed looks at, others are taking early retirement, I can't see the hamburger flipping jobs adding a lot to the 401s, and any way even if it is half way right IMO that data trails to far, now we have had low inflation, but that's also trailing data, and some of that is due to the after Xmas mark downs. I see prices of cars, and groceries starting to rise, by the time the FED reports that it's already hit. There is money in the money markets and they can pop her up, but some one is going to be left with out a chair when the music stops. If there is more upside they can have it till I see a real correction. Jim