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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (7414)3/22/2001 1:24:48 PM
From: David Lee Smith  Read Replies (2) | Respond to of 19219
 
J.T., thank you for all your hard work and excellent posts. I'm long (for too long I might add), but as the market falls, it gets cheaper. It's blue light special time! With the FED easing, this ain't gonna be a 1929. This is a valuation correction nothing more. Fear = opportunity here. Now is not the time to go short.



To: J.T. who wrote (7414)3/22/2001 1:35:43 PM
From: SecularBull  Respond to of 19219
 
Leading indicators fall 0.2%
Jobless claims rise to 5-year high
By Rex Nutting, CBS.MarketWatch.com
Last Update: 11:57 AM ET Mar 22, 2001


NEW YORK (CBS.MW) - The economy will continue to be sluggish for the next few months, the Conference Board said Thursday in reporting that its index of leading economic indicators fell 0.2 percent in February.

The board originally reported a decline of 0.3 percent, but said it had erred by using faulty data about consumer sentiment.

The index had risen 0.5 percent in January after falling in the final three months of 2000, the board said.

"This period of slower growth will probably continue for the next few months," said Ken Goldstein, economist at the board, a private research group. He said both the index and the board's consumer confidence survey agree that the economy is slow, but not in recession."

~SB~