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To: clochard who wrote (76746)	11/23/1999 10:44:00 AM
From: re3	Respond to of 86076

you guys seem quiet today... whatsa matter <g> everything is going nicely even asa for a change...

To: clochard who wrote (76746)	11/23/1999 10:56:00 AM
From: MythMan	Respond to of 86076

Looks more like my dip opportunity.

To: clochard who wrote (76746)	11/23/1999 11:28:00 AM
From: flatsville	Read Replies (1) \| Respond to of 86076

Steve-- >>>U.S. October durable goods orders were reported down 1.3% amid a fairly widespread decline. Excluding transportation orders, durables were down 2.6%, with electronics falling by 15.3% as Y2K creates a buying vacuum. Primary metals declined 0.7%. Durables increases included transportation, up 3.4% and industrial machinery, up 2.8%.<<< Apparently I missed whatever coverage the above bolded falling percentage received following the announcement. Or did I? >>>Analysts had predicted October durable orders would post a small increase after a decline of 1.3% in September. The October decline "can't be explained away," said Kevin Flanagan, an economist with Morgan Stanley Dean Witter Research in New York. "It doesn't suggest an overheating economy, at least in that sector," he said, but added market concerns about higher oil and other commodity prices are still an issue. The reaction to the data "sort of underscores market sentiment ... any rally is followed by an excuse to sell," Flanagan said.<<< Was there an attempt to explain this away on CNBS? IMHO this decline in electronics just screams for a spin. I find it odd that it is being ignored. (see this post for more detail courtesy of Les Horowitz) Message 12065094