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

To: Benkea who wrote (32382)	11/5/1999 11:00:00 AM
From: Les H	Read Replies (1) \| Respond to of 99985

CIBCR U.S. leading inflation index 109.0 in Oct Friday November 5, 10:28 am Eastern Time biz.yahoo.com NEW YORK, Nov 5 (Reuters) - The Center for International Business Cycle Research (CIBCR) on Friday said its U.S. leading inflation index rose for the fourth consecutive month to a reading of 109.0 in October, from a revised reading of 108.7 in September. ``October saw weaker industrial material prices offset by higher NAPM prices paid and slower deliveries from vendors,' according to the report. The rate of change rose by 6.0 percent in October compared to a downwardly revised reading of 6.3 percent in September. The rate of change is a ratio of the current month's index to its average over the preceding twelve months, expressed as a compound annual rate. September's figure was originally reported at 108.9, while the rate of change was first reported at 6.7 percent. Also, BLS followup at biz.yahoo.com

To: Benkea who wrote (32382)	11/5/1999 11:24:00 AM
From: bearshark	Read Replies (1) \| Respond to of 99985

Benkea: The morning opened with good volume--about 92 NYSE million in the first 15 minutes. Then it began slowing. By 11 AM, we had about 360 million. That will be about 450 million by noon Eastern. The last 4 hours should be about 400 to 450 million more. That is about 850 to 900 million shares. This is good volume but I think a good move up needs a stronger start. However, I have been looking to the third week in November. Because of the high volume we are seeing now, I think the big move will be started on a 1.3 to 1.5 billion NYSE share day. Until then, I will be cautious but optimistic for a continued move up.