Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (119457)	9/4/2001 5:11:59 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

look at prices paid dismal.com those expecting a return to profitability to drive renewed capex spending are going to be disappointed

To: patron_anejo_por_favor who wrote (119457)	9/4/2001 5:19:14 PM
From: yard_man	Respond to of 436258

thanks for that site -- this is what I was looking for Brief Description The National Association of Purchasing Managers releases a monthly composite index based on surveys of 300 purchasing managers nationwide representing 20 industries regarding manufacturing activity. Index values above 50 indicate an expanding economy, while values below 50 are indicative of contraction. This so-called diffusion index is calculated as the percent of positive responses plus one-half of same responses. The index is seasonally adjusted for the effects of variations within the year, differences due to holidays and institutional changes. An index value above 43.9 over a period of time generally indicates an expansion of the overall economy. The index is a composite of nine similarly constructed indexes including: new orders, production, supplier delivery times, backlogs, inventories, prices, employment, export orders, and import orders. Information of activity in each of the 20 industries is provided separately. The NAPM survey also provides price changes for fourteen key inputs. Whole uptick may reflect nothing more that a little hope injected in the last week or so prior to the survey -- how many business managers would really want to admit to themselves and others that things are not turning around at some point. I don't think the think is sensitive enough to not give a number of false signals ... helluva a reason to buy stocks now -- anwyays.