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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Irish who wrote (8792)	4/30/2001 11:27:47 AM
From: Tom Hua	Respond to of 19633

10:30AM: While the Chicago PMI came in weaker than expected, the index rose to 38.9 in April from March's lowest level since 1982. While the rise is a bullish indicator for the economy, many components continue to show cause for concern. Employment (30.7), new orders (38.8) and production (41.3) all remain at recession levels. The prices paid index fell to 55.8, down 9 points from Feb as the profit squeeze eases but certainly doesn't end. The Chicago index is used as a very rough guide to the monthly movement in NAPM due out tomorrow.