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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (19886)7/6/2001 10:43:41 AM
From: Math Junkie  Respond to of 30051
 
There is always a first piece of good news in any upturn. Also consider that bookings are a leading indicator, while the Global Billings Report is a lagging one. I don't know if I would declare a bottom based on a one-month figure, since it could be a blip, but I am also not comfortable discarding data just because it disagrees with my view of what is going to happen.