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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: j-at-home who wrote (296377)	10/29/2004 10:06:43 AM
From: Terry Maloney	Respond to of 436258

Yep. Plus ca change and all that ...

To: j-at-home who wrote (296377)	10/29/2004 10:49:25 AM
From: j-at-home	Respond to of 436258

10:25AM : Sellers use the run-up in the indices following the strong Chicago PMI Index as a reason to book profits... After peaking at 10 ET, the market has deteriorated noticeably as semiconductor reverses course and posts notable losses... Nonetheless, several manufacturing-related industries (basic material, cyclical, and machinery) have marcher higher as the Chicago PMI spiked to 68.5 (consensus of 59.0)... The October figure jumped to a 16-year high as both new orders and production surged to levels just below 80... That's remarkable .. a 16-year HIGH. Things must be kicking major ass. Guess high oil prices and a costly war haven't meant sht. Chicago PMI says the economy is rocking at an amazingly high level. What a bunch of crap.*