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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

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To: Challo Jeregy who wrote (30954)	10/21/1999 7:18:00 PM
From: Lee Lichterman III	Read Replies (4) of 99985

Oh yeah, well I can counter your decrease with an increase. ( kind of like a my dad is bigger than your dad <ggg> Sorry if this has been posted already as I am just catching up but thought this was a good post to link it to. U.S. Economy: Fed Report Shows Manufacturing Strength quote.bloomberg.com. Philadelphia, Oct. 21 (Bloomberg) -- Orders and shipments at Philadelphia-area factories surged this month and a gauge of prices for oil and other raw materials rose to a four-year high, a regional survey showed. The Federal Reserve Bank of Philadelphia said its October index of new manufacturing orders more than tripled to 20.2 from 6.9 in September. The shipments index jumped to 19.8 from 5.5. Both indexes were the highest since May. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ FED'S BROADDUS: RISING FOREIGN, STRONG US DEMAND POSE INFL RISK economeister.com Market News International - Richmond Federal Reserve Bank President Alfred Broaddus warned Thursday that U.S. demand in excess of supply, combined with strengthening external demand, "could foster inflationary pressures," (Whhaaaattt????) notwithstanding improved productivity. Stolen from the myth thread without permission <g> Shoot with this kind of inflation coming, guess we should run GTW up another 10 and add another 50 or so to QCOM. (&%(^&$%$%^ Idiots! <ng> Good Luck Lee

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