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To: BGR who wrote (59748)	6/1/1999 9:49:00 PM
From: Sarmad Y. Hermiz	Respond to of 164684

>> I believe that the employment numbers will not show excess strength but am very anxious for the core CPI number. Here is a thought re employment. I don't know if anyone agrees. Flames welcome. With the drop of internet shares, and many people losing their shirt, I wonder if that adds to the available labor pool. Especially in educated skilled jobs that daytraders used to have ? Could that relieve some pressure from tight labor ? Besides, since farm conditions are so lousy, doesn't that add to supply of labor ? And with a few million kids out of school and graduating college this month, that too adds to supply. Maybe the Fed will hold off even if Friday's report is strong. So as a trading strategy, if Friday there is a sell-off, one should buy, since either way there will be a relief rally.