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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (67416)	3/19/2005 8:00:06 AM
From: RetiredNow	Read Replies (1) \| Respond to of 77400

Hi everyone, here's one bright spot about the economy. ECRI is the most accurate at forecast the ups and downs of our economy. They are really good at forecasting turning points using their leading indicators. Anyway, this is what they have to say about our economy....... Reuters Weekly Leading Index Rises 03/18/2005 NEW YORK, March 18 (Reuters) - A leading index of the U.S. economy rose in the latest week amid an increase in mortgage applications and a decrease in jobless claims, a report showed on Friday. The Economic Cycle Research Institute, an independent forecasting group, said its weekly leading index rose to 135.9 in the week ended March 11 compared with 135.2 in the previous week. The index's annualized growth rate, which smoothes out weekly fluctuations, rose to 3.6 percent from 3.0 percent in the prior week -- putting the growth rate at a 41 week high. "After it correctly anticipated the slowing in 2004, the WLI is now pointing to a soft landing for the economy and an acceleration in growth starting in the second half of 2005," said Lakshman Achuthan, managing director of ECRI.