Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Softechie who wrote (3252)	2/28/2002 3:43:50 PM
From: Bucky Katt	Read Replies (1) of 16631

Ohh, indexes dumping big time now..OK if you are short from the fluff rally this morn. More on those fluffy GNP numbers> Business investment subtracted 3.8 percentage points from GDP. Inventories alone subtracted 2.2 percentage points, thanks to a record $120 billion decline. Investment in structures fell 32.6 percent. Investment in software and equipment dropped 4.8 percent, the fifth decline in a row. Nominal GDP rose to $10.2 trillion. Measured from the fourth-quarter of 2000 to the fourth-quarter of 2001, real GDP rose 0.4 percent. Measured from 2001's level to 2002's level, GDP rose 1.2 percent, the weakest since the 0.5 percent decrease in 1991.

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