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To: 2MAR$ who wrote (67753)8/15/2002 12:13:28 PM
From: DebtBomb  Read Replies (1) | Respond to of 208838
 
Picked up some more gold, Fed gonna have to cut again IMO, and could weaken the dollar further.



To: 2MAR$ who wrote (67753)8/15/2002 12:15:52 PM
From: Softechie  Respond to of 208838
 
Everything is OK people! ROFLMAO!!!

Manufacturing lull
As we wrote after the weaker than expected July ISM index, a lull in manufacturing is not necessarily a sign of double dip recession. Throughout the early 1990s recovery, the economy grew at a 2-3% pace but the manufacturing sector struggled, with the ISM sometimes falling back below 50% and the Philly Fed index actually plunging to -18.8 in Dec 1991, a quarter in which GDP grew 2.2%.



To: 2MAR$ who wrote (67753)8/15/2002 12:17:25 PM
From: DebtBomb  Read Replies (2) | Respond to of 208838
 
You might be right about housing numbers in the morning, Marsh, I see some cracking in retail sales, and other economic activity, some first hand too, at the outer banks.



To: 2MAR$ who wrote (67753)8/15/2002 12:18:45 PM
From: Joe Stocks  Respond to of 208838
 
The blocks on the QQQ look bearish to me. 4.7 million in 6 blocks since 10:30 am. all above 24.30. I don't think they would be jumping on board with the run we just had so I think they may be taking profits or going short.

Just a thought.

Joe



To: 2MAR$ who wrote (67753)8/15/2002 12:21:04 PM
From: hjz  Read Replies (1) | Respond to of 208838
 
2MAR$ Have you been with me on this short term rally that we have had since CSCO's numbers ?

I see there are a few bears that have been arguing about the market and they need alot more than these Fed numbers to bring the short term rally to an end.

HJ