SI
SI
discoversearch

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.
Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (11142)3/24/1999 9:03:00 AM
From: Dana Johnson  Respond to of 43080
 
weak durable goods number eases inflation fears:

WASHINGTON, March 24 (Reuters) - Orders for U.S. durable goods took their biggest tumble in more than seven years in February led by weak airplane demand, the government said on Wednesday, casting doubt on recent hints of a recovery in the battered manufacturing sector.

Orders for sturdy items like planes, cars and machinery fell 5.0 percent to $191.83 billion, the Commerce Department reported. That followed a 3.3 percent rise in January that was previously reported as a 3.6 percent increase.



To: AlienTech who wrote (11142)3/24/1999 9:08:00 AM
From: John J H Kim  Respond to of 43080
 
Aunt Abbey raised her target for DOw and SP



To: AlienTech who wrote (11142)3/24/1999 9:08:00 AM
From: SteveDavis  Read Replies (2) | Respond to of 43080
 
Abbey Joseph Cohen just came down from her exalted position as "Earth Mother" and said that everything is all right with the market. Raised her targets a little bit. This brings calm throughout the land and all of the people scurring about will be re-assured that indeed the world is not coming to an end as had been reported. Of course, those who thought it would, (known as bears) are facing a daunting task today. To cover or not??

SteveDavis