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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Runomo™ who wrote (38833)	2/28/2009 12:33:54 PM
From: Runomo™	Respond to of 207832

room for a positive surprise and continued improvement in the feb ISM? the bar is set low for sure..... Released on 3/2/2009 10:00:00 AM For February, 2009 Consensus ISM Mfg Index - 33.8 Market Consensus Before Announcement The Institute for Supply Management's manufacturing index was still in negative territory in January but not as deep as in December. The ISM's manufacturing index rose more than 2-1/2 points to 35.6 which is still well below the breakeven point of 50, indicating that contraction continues but at a less rapid pace. The freefall also slowed for the new orders index, which rose to 33.2 from a 23.1 but remained well in contraction territory. The decline in prices paid continued but not quite at the precipitous pace in December. The prices paid index rose to 29.0 from 18.0 in December. Looking ahead, manufacturing is likely to continue downward in the near term as demand has continued to fall in many sectors - including consumer, housing, business investment, and exports.