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Strategies & Market Trends : Groundhog Day
QQQ 609.11+1.4%Dec 18 4:00 PM EST
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To: Jorj X Mckie who wrote (2786)5/1/2002 10:11:46 AM
From: Oral Roberts  Read Replies (1) of 6346
 
Fly well. The new bull is standing on some pretty shaky ground it appears.

10:03 ET ISM Index declines to 53.9%
The April ISM Index fell to 53.9% from 55.6% in March; this is worse than the 55.0% consensus. Construction Spending fell 0.9% in March, much weaker than the -0.1 consensus and wider than the Briefing.com forecast of a 0.5% decline. Dow (-52) has tumbled about 30 pts on the news; Nasdaq (-33.8) has lost roughly 18 pts in the two minutes since report was released
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