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Re: Employment Numbers Predictions



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At 02:20 PM 11/7/97 +1100, you wrote:
>Hi Tomogo
>
>Yes , he's right about 2/3 of the time.
>
>The way I view forecasts is they are put out by economists
>who have a poor track record. Street talk usually begins with 
>them. 
>
>Given the current mkt conditions, I have few doubts that if 
>number comes out around 300,000 the bonds will dump. I 
>don't have a position nor am I looking to take one.
>
>regards
>
>ray
>
>R Barros
>101/25 Market Street
>Sydney NSW 2000
>Australia
>
>e-mail: ramon@xxxxxxxxx
>tel:        61 2 92673470
>fax:       61 2 92673478
>----------
>> From: tomgo <tomgo@xxxxxxxxxxxxx>
>> To: ramon@xxxxxxxxx
>> Cc: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>> Subject: Re: Employment Numbers Predictions
>> Date: Friday, November 07, 1997 12:33 PM
>> 
>> Hi Ray,
>> Did you check out the performance stats of the url.
>> I wouldn't give to much credence to the posts.
>>  The street talk in the # is +250.
>> 
>> tomgo
>> 
>


Doubt these employment stats will mean anything to the market tomorrow since
other world market will have our attention. As of right now Globex is down
9.5 and Honk Kong is down 4% and Japan 3% and South Korea 5%.  

Also, Using Nature's Pulse I show today (Thursday) and Friday as having
strong ties to past market turns.

Buckle up for the ride!!