The Justa and Lars Honors Bob Brinker Investment Club Thread Message Board

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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread

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Nov 28 4:00 PM EST

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To: MrGreenJeans who wrote (1133)	5/14/2001 7:28:44 PM
From: Wally Mastroly	Read Replies (2) of 10065

Mr GJ, Re: Last week's increased retail sales data -'The devil's in the details'? <grin> I'm thinking that the headlines may have overstated the situation - somewhat - for the following reasons. Took a quick look at some of the data/reports issued. I'm wondering if the report could be overstating the April sales on the high side? For example, the Big 3 U.S. auto guys had just reported a DOWNTURN in the April sales. The government report seemed to indicate that auto sales increased ??? Faulty data ? - Or perhaps the time period used in the government report was something like Mid-March to Mid-April (rather than just all of April). Also, the government report also lowered the previously reported sales data for Feb & March - offsetting most of the so-called April increase. A significant fact not emphasized in most of the euphoric headlines. Signed, The Grinch-who-stole-the April-Retail-Sales-Increase <Bigger Grin> See-ya round the thread. Wally M.

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