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To: stockman_scott who wrote (6529)3/1/2002 1:32:47 PM
From: Venkie  Read Replies (3) | Respond to of 13815
 
I am having a great day in the green.



To: stockman_scott who wrote (6529)3/2/2002 2:32:36 PM
From: T L Comiskey  Respond to of 13815
 
scott..here's a post worth reading....numbers can be tricky

To:slacker711 who wrote (114929)
From: Jon Koplik
Saturday, Mar 2, 2002 1:58 PM
View Replies (3) | Respond to of 114934

Re : "What numbers / need / believe / economy / rebounding ?"

What everyone keeps missing is :

"Rebounding" from what level to what level ?

I just read that the help wanted index rose from 46 to 47.

One year ago, it was 77.

Similarly -- durable goods orders (as I posted once before) are running roughly 25% lower than the level they were consistently at during the time period around 1999 - 2000.

If some index goes from 100 down to 10, a 100% increase from 10 only gets you back to 20.

Everyone seems to be conveniently forgetting this, lately.

(I know most things have not dropped 90%; but -- you get the point ...)

Jon.