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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Babe' Boua who wrote (14603)	5/14/1999 9:05:00 AM
From: Wes Stevens	Read Replies (1) \| Respond to of 56535

Looks like things will open ugly this morning. CPI up. The core rate came in at .4 while expected was .2. 05/14 08:32 U.S. debt futures fall sharply after CPI data May 13 -U.S. debt futures fell swiftly after the release of April's Consumer Prices Index, which was up 0.7 pct, versus estimates of up 0.4 pct. Excluding food and energy, it was up 0.4 pct. Analysts called But: 05/14 08:37 BUREAU OF LABOR SAYS RISE IN CORE CPI DUE IN PART TO TOBACCO APPAREL PRICE RISES WASHINGTON, May 14 (Reuters) - Bureau of Labor Statistics economist Patrick Jackman said on Friday the surprise April rise in the Consumer Price Index excluding food and energy prices was due in part to a jump in tobacco and retail prices. It may not be as bad as it looks. When people realize that tobacco was the culprit it may rebound. I will put in a limit sell order for what I have this morning. If it goes ok, if not I will wait it out. Don't put in any market orders at the open you will be rapped!