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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Wally Mastroly who wrote (9226)10/12/1999 9:29:00 AM
From: Allan Harris  Read Replies (1) | Respond to of 15132
 
FACT: For the week ending 10/8, we noticed the following:

1: The S&P 500 rose 4% for the week
2: Despite the rally, the percentage of investors who were bullish fell from 43 to 41.9 during that same week.

Q: What happens under the following conditions?
1: Bullish sentiment is below 45%
2: The S&P 500 rallies more than 4% week-over-week
3: Investors get more bearish as the market rises

Answer: markethistory.com

You have to go there and sign up for a free trial, but it's worth the effort. I actually am a subscriber and know the answer, but am too pissed about getting passed over again for the Nobel Prize in chemistry to reveal it. Sorry. Where is Timothy Leary when we need him?

On the outside, looking in.

A



To: Wally Mastroly who wrote (9226)10/12/1999 9:36:00 AM
From: Wally Mastroly  Respond to of 15132
 
U.S. companies charging, paying more -& finding skilled labor.....

WASHINGTON - U.S. businesses were able to keep raising prices for their
goods and services in the third quarter to offset higher costs for wages and
raw materials, a survey by business economists showed. Almost 27% of the
economists from 103 firms surveyed by the National Association for
Business Economics reported Tuesday that their prices charged for goods
and services rose in the third quarter. That's more than double the 11.3%
that said they were able to raise prices in the fourth quarter of last year.
Finding skilled labor was by far the largest problem facing industry at a time
when demand is staying strong, the survey showed. About 52% of the
business economists surveyed said their companies were reporting shortages
of skilled workers.

-

Some details:

usatoday.com



To: Wally Mastroly who wrote (9226)10/12/1999 12:44:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
Wally: That is the article. Thank you. This seems to be at odds with most of what we have been hearing of late. But nobody knows for sure how this will all pan out but this view would appear to be in the minority.