[CANSLIM] Economic recovery

From: "Tom Worley" <stkguru@netside.net>
Subject: [CANSLIM] Economic recovery
Date: Thu, 27 Dec 2001 06:31:29 -0500

Next Article (by Date): [CANSLIM] Book suggestions "Mike Hofmann"
Top of Thread: Re: [CANSLIM] Economic recovery Spencer48@aol.com
Next in Thread: Re: [CANSLIM] Economic recovery Spencer48@aol.com
Articles sorted by: [Date] [Author] [Subject]

This is a multi-part message in MIME format.

- ------=_NextPart_000_0021_01C18EA0.1E42F260
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

For those looking for a simple picture of the US economy, you need look =
no further than the Dow Jones Transportation Index. I have usually found =
this gives a pretty accurate picture of whether economic activity is =
increasing or decreasing.

No surprise, with airlines comprising 31% of this index, it took a huge =
gap down after 9/11. But since then it has been slowly recovering, has =
virtually filled in the gap down, and is nearly back to its level before =
the attacks. And that's without complete recovery by the airlines, =
indicating other parts of the transportation system are well above early =
September.


- ------=_NextPart_000_0021_01C18EA0.1E42F260
Content-Type: text/html;
	charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 6.00.2600.0" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3DArial size=3D2>For those looking for a simple picture =
of the US=20
economy, you need look no further than the Dow Jones Transportation =
Index. I=20
have usually found this gives a pretty accurate picture of whether =
economic=20
activity is increasing or decreasing.</FONT></DIV>
<DIV><FONT face=3DArial size=3D2></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>No surprise, with airlines comprising =
31% of this=20
index, it took a huge gap down after 9/11. But since then it has been =
slowly=20
recovering, has virtually filled in the gap down, and is nearly back to =
its=20
level before the attacks. And that's without complete recovery by the =
airlines,=20
indicating other parts of the transportation system are well above early =

September.</FONT></DIV>
<DIV>&nbsp;</DIV></BODY></HTML>

- ------=_NextPart_000_0021_01C18EA0.1E42F260--



- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.