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I do not understand this also. Negative employment number this morning yet the market does not care. PPT is responsible for this false rally.
Define false rally.
Low vol., earnings going forward are going lower(per cos. reporting future guidance), sub-prime mess, home-owners having lines of credit being cut off(see link)http://www.latimes.com/business/la-fi-loans1feb01,1,6837580.story?ctrack=1&cset=truehigh inflation(gas, home heating oil, food etc.)If you would like more I can provide it!NEB