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"We may never see their likes again."


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ISM noise. http://quote.bloomberg.com/apps/news?pid=1...z3dw&refer=home

 

A gauge of U.S. manufacturing unexpectedly rose last month, approaching a two-decade high, an industry report showed. More factories were hiring than at any time in 31 years.

 

The Institute for Supply Management's factory index for May increased to 62.8 from 62.4 for April. A reading greater than 50 signals expansion. The index reached 63.6 in January, the highest since December 1983, and has been greater than 60 for seven months. An index of prices paid for raw materials declined.

where do i sign up? :lol:

 

I need this stuff to sell on ebay :lol:

 

are these #'s proforma :lol:

 

is this the new economy?

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Anybody noticing the trend in these ISM releases?

New orders down

Production up

Inv up

Employment up

 

 

Looks to me like the peak is in the rear view mirror

Equity investors are always the last Bagholders.

 

What was the TICK reading this morning???

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2004 Market manipulation award goes to GNW (GE insurance IPO)

 

Last week the ipo priced well below expected range. Then broke syndication on the first tick. Was promptly ramped backed to the $19.50 ipo price where it was held in a $0.10 range for three days. Today the underwriters walked away and the stock is rapidly reaching for the lows once again. Check out the one week- hourly chart.

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2004 Market manipulation award goes to GNW (GE insurance IPO)

 

Last week the ipo priced well below expected range. Then broke syndication on the first tick. Was promptly ramped backed to the $19.50 ipo price where it was held in a $0.10 range for three days. Today the underwriters walked away and the stock is rapidly reaching for the lows once again. Check out the one week- hourly chart.

tanks for info

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