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To: John Koligman who wrote (60774)5/7/1999 1:29:00 PM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
U.S stocks drift ahead in cautious midday =3

Some analysts expressed surprise that the response to the
data was not more vigorous.
"There's been a slight deterioration in psychology," said
Trude Latimer, an independent stock broker in Charlottesville,
Va.
"They should have been much more enthusiastic about the
jobs numbers, but the traders are getting nervous; some of the
comments from the reigning geniuses are a little more
cautious," she added, referring to a speech by Fed Chairman
Alan Greenspan on Thursday that warned of inflationary pressure.
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