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To: Donald Wennerstrom who wrote (1591)1/11/2002 1:07:10 PM
From: Kirk ©  Respond to of 95616
 
ERRI WLI growth rate is POSITIVE!!!

(repost from AMAT thread where many might miss it if you are like me and rely more on this thread these days...)

Cool chart here along with the data
suite101.com

Lakshman's group, the ECRI, has been pretty accurate so far in calling for the recession and now it seems they are ready to predict a recovery.

The WLI is a LEADING index (hence the name weekly leading index...duh Kirk) and this news is key:

The index's growth rate, which compares the four-week moving average with its behavior over the preceding year, crept into the plus column for the first time since Sept. 2000, climbing to 0.3 percent from -0.4 percent one week earlier.

suite101.com

You can actually ask Lakshman questions about the data there just like they do on CNBC! He's a great guy and likes to educate the public about their WLI and FIG numbers that Greenspan and others use.

Kirk

PS you can subscribe to that thread and get email alerts when Lakshman posts updates or TV appearances Here is a URL for that suite101.com



To: Donald Wennerstrom who wrote (1591)1/11/2002 7:24:41 PM
From: JSLyons  Read Replies (1) | Respond to of 95616
 
Thanks, Don, for your continued hard work and willingness to share with the thread.

I see TGAL is included in your list. Suddenly the stock is up sharply but can find no news, not even hints, anywhere. Any ideas? Anyone?

Best rgds,
Jonathan