Scott's back...
1 posted on
11/14/2002 5:22:06 PM PST by
rohry
To: bvw; Tauzero; robnoel; kezekiel; ChadGore; Harley - Mississippi; Dukie; Matchett-PI; Moonman62; ...
Market WrapUp is delivered...
2 posted on
11/14/2002 5:24:00 PM PST by
rohry
To: rohry
The Wall Street spin machine was really going good today ... the headline on Bloomberg this AM said something like "Retail sales excluding Autos rise 0.7 %". Isn't that kind of like saying "Buffalo Bills win SuperBowl, excluding missed field goal"? Nevermind that as Scott points out, overall they were flat.
Just curious, how do other Freepers see the economy's real state? From my anectdotal view, it's looking grim ... not to get too specific but I know of more layoffs on the way in November and December in the Atlanta area ..
3 posted on
11/14/2002 5:34:37 PM PST by
ReyDM
To: rohry; Wyatt's Torch; arete; meyer; DarkWaters; STONEWALLS; TigerLikesRooster; Ken H; MrNatural; ...
Intel Corp. boosted computer related shares after saying it will buy back almost $9 billion in stockDividends, who ever of paying dividends, that was something done in the old economy.
Got to get that share price up to make options good.
To: rohry
Does anyone still follow the TED spread? You used to hear a lot about this indicator back in the 70's and 80's, but I don't hear it mentioned anymore.
The Dec T-Bill closed at 98.79 and the Eurodollar closed at 98.59, for a TED spread of 0.2.
I have no idea how to interpret that figure.
13 posted on
11/14/2002 8:59:04 PM PST by
Ken H
To: rohry
*Scott's back...
After being out of the loop on the SM for a month it looks like Scott has taken some big steps towards writing a decent review. Or did he take a smart pill today?
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