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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (11306)	10/17/2002 12:04:53 PM
From: bruceleroy1_-	Respond to of 30712

12:02 ET Philly Fed weaker than expected The Philly Fed index fell to -13.1 in October from 2.3 in September, much weaker than the consensus of -4.0. This index has been very volatile in recent months, and while its indication of a soft manufacturing sector has been accurate, it has not done a good job of projecting the magnitude of the weakness. The market is already turning lower on this report, though this report shouldn't have that much impact given its dubious predictive power.

To: DebtBomb who wrote (11306)	10/17/2002 12:18:36 PM
From: Jeff	Read Replies (2) \| Respond to of 30712

that should be good for ramp.....<gg> this whole ramp started off bad consumer numbers last friday remember....down to 80 from 86... matter of fact....IBM was the only good news in months.... options week...ignore the bad...turn a crumb into a party cake(IBM).... next week the bad news will be headlines..... just looking at news that should move the market..... so you take the bad employment data....the housing numbers that likely mean a top for them....the bad philly fed...INTC.....consumer confidence down....CSCO orders down that dumped them to 8 bucks..... and the good news...IBM looks lopsided to the bad...... nasdaq....174 pt rally...<gg> looks like the shorts need good news to tank this market....<gg>