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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (5836)3/14/2002 3:30:57 PM
From: John Pitera  Respond to of 33421
 
1.38 inventory/sales ratio is just above the record low; this means that there are very,very low inventory levels and pickups in demand will mean immediate production pickups to fill orders.

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08:34 ET 10-year: -7/32..5.306%....GNMAs: Unch....$-¥: 128.71

January business inventories rose 0.2% as retailers showed a surprising 1.4% increase. Nonetheless, with a 1.1% jump in business sales the 1.38 inventory/sales ratio is just above the record low. Initial claims fell 3K to 377K to leave a slightly higher 375K 4-week average as the indicator continues to bounce in a 20K range.