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To: Bucky Katt who wrote (9375)10/29/2002 12:37:58 PM
From: BW  Read Replies (2) | Respond to of 48461
 
lets add some fluff to that...

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.

SHEEESH...