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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: JOHN A. who wrote (57572)	4/27/2002 2:25:05 AM
From: LTK007	Respond to of 99280

<Consumer spending grew a healthy 3.5 percent> bad news <Businesses cleared $36.2 billion worth of inventories from their shelves in the first three months of this year, a much smaller reduction than the $119.3 billion that firms unloaded in the fourth quarter.> nasty bad news <Corporate spending on new plants and equipment fell, but its drop in the first quarter was smaller than those of other recent quarters.> this is a laugh, the old" well it is still getting worse but it is getting worse at slower pace, hooray, hooray!" Bottomline, it is Bad news The Good News i will leave to others:) Max