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Politics : High Tolerance Plasticity
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To: kodiak_bull who started this subject5/7/2001 4:25:04 PM
From: Think4Yourself   of 23153
 
Pulled below from another thread. Added shorts in PLXS, SLR, and ASYT today. "Sell in May then go away" :o)

Consumers, bombarded by gloomy economic news, tightened their belts in March, borrowing money at the slowest pace in more than a year.

Total consumer credit increased by a seasonally adjusted $6.2 billion in March, or a 4.7% annual rate, the Federal Reserve reported Monday. That was a smaller increase than the $9.8 billion rise in credit many analysts were forecasting.

A weak job market, stock market volatility, eroding consumer confidence and higher energy prices are all factors that tend to make people feel less inclined to spend, economists say.
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