Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Petrol who wrote (10216)	10/29/2002 11:13:34 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 57110

briefing.com is getting desperate 10:55 ET More consumer theorizing Two more thoughts on the October confidence plunge: first, the October stock rally began on Oct 10, more than half-way through the survey period which ends on the 18th, so the rally probably didn't help the Oct numbers. Second, the sniper shootings probably hurt this reading as well. That may sound like a stretch, but it's supported by the regional breakdown of the numbers, with the Middle Atlantic region seeing by far the biggest plunge in confidence: -24% vs the avg regional reading of -13%. To the extent these theories are correct, they would support a forecast of a healthy confidence rebound next month.