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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Yorikke who wrote (3180)1/16/2001 10:06:12 AM
From: John Pitera  Read Replies (2) of 33421
 
So they'll be playing Polka's in the next Congressional session......... interesting :-)

the theme song for the next session will likely be 'ROLL OUT THE BARREL'. With every representative and senator
wanting to take something home to prove their election was not a farce! It may prove to be a ragged path towards the same result; infrastructure investment.


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----Business inventories rose 0.5% in November as retail inventories rose 0.5% compared to the known growth in manufacturing (0.5%) and wholesaling (0.4%). Business sales fell 0.3% after a stronger 0.5% decline in October. Declining sales leave more stock on the shelves and a larger inventory to sales ratio of 1.36 from a record low of 1.31 in March. Other than the retail inventory growth the components are old news and should play a very small part in today's trading activity-----
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