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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Wally Mastroly who wrote (9589)	11/1/1999 10:38:00 AM
From: Wally Mastroly	Read Replies (1) of 15132

NAPM index dips to 56.6 in Oct, just above forecasts, but.. prices paid index rose to 69.4 from 67.6 in Sept(a measure of costs): cnnfn.com - Previous article on expectations: biz.yahoo.com ..Traders will watch the ''prices paid'' component of the index to see whether it will mimic the decline in the ''prices paid'' item in the Chicago NAPM index reported Friday, a favorable development for bonds. ''The NAPM prices paid item was a real problem last month so that could ease a bit,'' said Stiles. ''We're looking for a fairly firm overall index, but I don't think that will destroy the market. As long as the prices paid item eases a little bit, the market will stay consolidative, but nothing too extreme.'' ...<

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