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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (32026)	11/1/1999 10:26:00 AM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 99985

Economic Data for Monday, November 1, 1999 NAPM for Oct. = +56.6% Prices Paid = +69.4% napm.org Purchasing Managers' Index (PMI) at 56.6%, Growth in Production, New Orders, New Export Orders Prices Higher Construction Spending for Sept. = +0.5% census.gov Construction put in place during September 1999 was estimated at a seasonally adjusted annual rate of $700.1 billion, nearly the same (+/-5 percent) as the revised August estimate of $696.8 billion, according to the U.S. Commerce Department's Census Bureau. The September figure represents a 4 (+/-5) percent increase over September 1998. During the first 9 months of this year $524.1 billion of construction was put in place, 6 percent above the $492.4 billion for the same period in 1998. All this and the NASDAQ makes new highs, yeah, the markets are effecient. befuddled aka Lee