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To: pater tenebrarum who wrote (52702)	1/2/2001 10:42:22 AM
From: Lucretius	Read Replies (1) \| Respond to of 436258

you buying these bargains yet?

To: pater tenebrarum who wrote (52702)	1/2/2001 10:50:13 AM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 436258

some stuff from the newswire (Dow Jones) Dec. NAPM showed a sharp slowdown in overall activity, with a drop to 43.7 from 47.7 in Nov. That's the lowest the index has been since April 1991, and supports notions that the Fed is ready to cut rates. However, rising prices remain worrisome, as the prices-paid component showed a significant uptick to 61 from 56.6. (SV) 10:08 (Dow Jones) The fact NAPM fell by four percentage points, while the prices paid index went up, is approaching a "stag-flationary" reading. The overall index at 43.7 is still above a recessionary reading of 42.4, but prices rose to 61.0. (JM) 10:07 (Dow Jones) EUR/USD is rising after release of weak NAPM. EUR/USD is at $0.9436 compared with $0.9413 ahead of data. Less of a reaction in USD vs JPY. USD/JPY is at Y114.32 compared with 114.30 ahead. (CSE) 10:04 (Dow Jones) March Nasdaq fell to limit down at 9:58 a.m. ET, 65 points lower at 2309.50, as forecasted by some pit traders. A 10-minute trading curb is in effect. If the market remains at limit down, a 2 minute trading halt will occur. Losses also seen in March S&Ps, but not as severe. (DMC) 10:00 (Dow Jones) With a new quarter, March S&Ps and Nasdaq have new limits, calculated by the CME on the last trading day of the 4Q. March S&Ps new daily limit down is 32 points and March Nasdaq is 65 points. Some Nasdaq traders forecast that because of the volatile nature of the contract and continued bearishness, the market might be visiting limit down quite a bit this quarter.