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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
TLT 118.51+1.1%May 20 4:00 PM EDT

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To: GROUND ZERO™ who wrote (43081)1/3/2013 1:15:37 PM
From: Keith Feral  Read Replies (1) of 174557
If we get another good employment reading tomorrow, higher bond yields will keep pulling the marketr higher.

So far, the debate over the cliff has been a draw as far as the market is concerned. In December, it went from 13,400 back to 12,900 anticipating that a deal would not be done. Now, it's right back where it was in mid December.

If the employment number is bad, I guess we're due for a pullback. Considering 200K private jobs were added last month, I don't see how the jobs numbers disappoint this month. Construction jobs are starting to make a nice recovery.
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