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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 680.44

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Dec 19 4:00 PM EST

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To: Johnny Canuck who wrote (44743)	4/18/2008 4:32:08 PM
From: Johnny Canuck	Read Replies (1) of 69144

Capacity Utilization Numbers Not Signaling Recession by: William Trent posted on: April 18, 2008 \| about stocks: SPY / XLI / XLU * Font Size: * Print * Email Overall capacity utilization rose to 80.5 percent in March, from 80.3 percent in February and compared to the market expectation of 80.3 percent. According to Econoday, the report overstates strength in the industrial sector with the March gain almost entirely due to large gains in utilities and in mining. click to enlarge Still, we have yet to see the spike down in capacity utilization that has accompanied every recent recession. seekingalpha.com

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