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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (31450)	10/14/1998 12:40:00 AM
From: James F. Hopkins	Read Replies (5) \| Respond to of 94695

Dear Jim; yes you, but I know you are me , and you are talking to yourself, and who can blame you as it's all so confusing, Tomorrow is Wednesday and the "Commerce Dept" will tell us what the retail sales were for September, ah yes BUT we have to wait till Friday when the "Labor Dept. "will tell us what we the consumers paid for them, how do they get the sales 2 days before they know the prices, but that's just a start between Wednesday and Friday is Thursday, and Labor Dept will tell us how many have lost our jobs, then after that what the producer prices were for Sept. And the Commerce Dept will tell us stories about inventories, Let's don't let the "Federal Reserve" out as Friday after the afore mentioned they will tell us what production for September was..hmmm we get inventory before production but that's OK as none of them make any difference as nobody will agree with what they mean, meanwhile the market will go up or down and CNBC will have a story with each release on why the market reacted the way it did or didn't based on all this highly accurate information as it squirts out tipsy turvy first from one department then another, each stealing the others thunder. ----------------------- How can I make sense of it, I have to wait till Friday to see how much we paid, ( labor dept, for the stuff we bought , while Wednesday the (Commerce dept) tells me the total we spent which don't do me any good until I know how much we got for what we spent. ---------- Jobs on Thursday, or rather the lack of them will will cause the hawks to buy the market if the numbers improve by getting worse, as I need to remember the right wing thinks full employment is bad. ------------- We get inventory on Thursday, ( Commerce dept )but what good does that do until we know what production was ( Federal Reserve ) ---------------- Now If I can put all that together by Monday I'll be doing good, but I bet that when I do none of it will add up. Sales will likely be good, but the price paid will be to low, so no profits. Production down but inventories up, will make me wonder how the sales was so good. And none of it will tell us what we are doing now or where we are going. Why bother, the figures may effect us some how down the road, but right now for the next week or two they won't make a dam bit of difference which way the market goes, as that's already been decided. Jim