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MarketWatch.com

"This Thursday, we will have a surprise in the employment numbers," predicts Peter Cardillo, chief market economist at Avalon Partners. Cardillo tells Andrew O'Day "we will see an [unemployment] uptick of about one tenth of a percent to 9.5 percent, and nonfarm payrolls improving in the sense that we'll see a decline of about 235,000. That's obviously still negative, but improving." As for today's advance, Cardillo calls it window-dressing. "When you have an up market as we've had and certainly a good quarter in terms of gains, the last few trading days are generally on the positive side."

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