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To: LS
Richard, what money manager would NOT be in the market now? Its cost is low, and there is only an upside, especially in tech

I'm not even going to argue the point with you. I know that you are a pretty smart guy and that means that you also already know the answer to that.

Richard W.

13 posted on 05/30/2003 10:53:35 AM PDT by arete (Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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To: arete
From Yahoo today: "Business expanded in Midwestern states in May for the first time since February, according to the National Association of Purchasing Management-Chicago index, suggesting improvement in the manufacturing sector as well as for the broader economy."

The tech-loaded Nasdaq composite (NasdaqSC:^IXIC - News) rose 20.96 points, or 1.33 percent, to 1,595.91, ending at its highest level in a year. The Standard & Poor's 500 (CBOE:^SPX - News) climbed 13.95 points, or 1.47 percent, to 963.59, its highest close since early July. The blue-chip Dow Jones industrial average (CBOT:^DJI - News) jumped 139.08 points, or 1.60 percent, to 8,850.26, its highest close this year.

The National Association of Purchasing Management-Chicago business barometer rose to 52.2 from 47.6 in April, powered higher by a pick-up in both new orders and production. A reading below 50 indicates a contracting regional manufacturing sector, while a reading above 50 signals expansion.

Yah, I do know the answer to that. That is why I'm getting into stocks as much as I can.

14 posted on 05/30/2003 2:12:18 PM PDT by LS
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