Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: steve susko who wrote (21705)	12/2/1998 4:47:00 AM
From: IQBAL LATIF	Respond to of 50167

Steve-- I am kind of worried with this continued trend of lower NAPM numbers, 46 is no good and present possibility of some potential problems in manufacturing sector, market can take great satisfaction in moving higher as it may bode well for further cuts however it is first time that these train of numbers on lower side will have some impact on manufacturing companies down the line we never had this kind of lower numbers during last one year, we need to keep a close eye falling commodity prices associated with falling manufacturing is not something one can overlook and I am very carefully watching unlike previous ocassions when we had strong economic numbers and lower prices that was good I am hoping that even after seasonal hop we see some lower unemployment as to depict that the slowdown is just limited to manufacturing. I saw my upper limit was taken out that is 1575 I have made some good stock purchases i.e. outside money calls but I will get out of them below 1615 again with some little profit. I will like to see a second close above previous high on NDX to call the big Friday move down all said and done I am very cautious will play breakouts and will look for this action I need a close above 2000 and BKX 815 and SOX 330 and NDX 1628 to break if this is a genuine move..