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To: Wally Mastroly who wrote (12199)3/3/2000 10:46:00 AM
From: Kirk ©  Read Replies (1) | Respond to of 15132
 
RE: Investors/speculators may not have notived these indices yet <G>

I always thought speculators were those that got in and out trying to time things that are akin to reading tea leaves? <VBG>

Here is a nice, short comment on the FIBER numbers, their revisions and why Greenspan and others might have to find something else to look at.

suite101.com

Note that he writes: "This one has always seen wild revisions to previous months readings, but the whole series? The previous December reading was 109.6, now it's 103.5? "

Hard to place much faith in an index when it revises more than it changes month to month!

Now FIBER seems just like more tea leaves in the cup.