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To: Roebear who wrote (92585)	7/20/2001 1:29:02 AM
From: isopatch	Respond to of 95453

Roebear. Agree the CRB is a concern. Haven't done it lately. But, it would be a good idea to take a look at the G.S. Commodity Index. Less weighted to agricultural commodities it's more of an industrial commodities yardstick than the CRB. Kind of analogous to the HUI being better tracker of the PMs than the XAU because it doesn't include Phelps Dodge. Geez! That ST chart of the OSX sure shows a dramatic picture of how sharp and powerful this big break in the index has been. Downside momentum that powerful isn't easy to turn around. It takes time as well as price to do it. Time for bounces and counter trend rallies to chip away at the slope of that decline and slowly morph<g> it into a base pattern. Timewise, we're not even close to anything but a sharp strong Bear Market rally which could happen at any time. But would like to see fewer eager knife catchers on "certain other threads"<G> It's great to have you back posting more frequently again. You always come up with a perspective, idea or starting point that develops into something I'd overlooked or not given the attention it deserves. Best regards, Isopatch

To: Roebear who wrote (92585)	7/20/2001 9:17:07 AM
From: Frank Pembleton	Read Replies (1) \| Respond to of 95453

Did some shopping today and noticed very light traffic in malls even for a late thurs. afternoon. Would be interested in any reports from other SD shoppers... Roebear, being that I'm in the oil business -- it's still totally flat-out. I can't hire a decent machinist, and I don't dare fire the incompetent ones that I have. My suppliers are still busy, and they don't see any let-up in sight. BTW: One of our customers hit me with a huge order late yesterday afternoon, and now today I'm planning overtime for a staff that doesn't want it. Hmmm... I've attached this news headline, that's probably more reflective of the rest of Canada. Regards Frank P. Hudson's Bay Warns of Much Lower Earnings TORONTO (Reuters) - Hudson's Bay Co. , Canada's oldest corporation and largest department store chain, on Friday warned its second-quarter earnings would be in the range of 8 Canadian cents to 12 Canadian cents -- well below expectations -- because of weak sales, especially in apparel.