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To: AllansAlias who wrote (50607)8/19/2002 10:07:16 AM
From: Paul Shread  Read Replies (2) | Respond to of 209892
 
New high in COMPX but not in NDX. Can't get enough of those regional banks. -g-



To: AllansAlias who wrote (50607)8/19/2002 10:12:24 AM
From: Haim R. Branisteanu  Respond to of 209892
 
The leading indicator looks grim IMHO

Negative Contributions

In addition to falling stocks and consumer confidence, negative contributions came from a drop in factory hours worked, a decline in building permits, a narrower spread between the yield on 10-year Treasury notes and the Fed's benchmark overnight lending rate, and faster supplier deliveries.

and the positive factors are the same that were for the last year

Positive contributors to the index were a rise in the money supply, fewer jobless claims, and increased orders for both capital and consumer goods.



which is inflationary IMHO