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To: Lee who wrote (26968)6/10/1999 1:31:00 PM
From: Judy  Read Replies (3) | Respond to of 50167
 
Exited AMAT trading position at 65ish this am, locking in profits again.

Lee, another thought and not related to my AMAT exit ...

one should ask whether one is holding a position hoping for a recovery or whether one is holding awaiting strong future growth. The answer to this question makes decisions straightforward.



To: Lee who wrote (26968)6/11/1999 8:50:00 AM
From: Lee  Read Replies (1) | Respond to of 50167
 
PPI and Retail Sales for May 1999

PPI for May = +0.2%
Core rate = +0.1%
stats.bls.gov

The Producer Price Index for Crude Materials for Further Processing advanced 5.5 percent in May, seasonally adjusted, following a 1.3-percent increase in April. The May increase represents the largest monthly increase since a 6.1-percent rise in December 1996.

Prices for basic industrial materials turned up 2.3 percent in May, following a 1.1-percent decline in April. The carbon steel scrap index increased 8.4 percent, after rising 0.3 percent in the previous month.

AG watches scrap metal prices. <g>

Retail Sales for May = +1.0%
census.gov
The Census Bureau of the Department of Commerce announced today that advance estimates of U.S. retail sales for May adjusted for seasonal, holiday, and trading-day differences, but not for price changes, were $242.2 billion, an increase of 1.0 percent (±0.7%) from the previous month and up 7.8 percent (±0.9%) from May 1998.