Re: [CANSLIM] Worley's Weekend Weeview


From: "Ann" <annholly@attbi.com>
Subject: Re: [CANSLIM] Worley's Weekend Weeview
Date: Sun, 6 Oct 2002 13:35:28 -0400

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Thanks, Tom.
Ann


  ----- Original Message -----=20
  From: Tom Worley=20
  To: canslim@lists.xmission.com=20
  Sent: Sunday, October 06, 2002 11:32 AM
  Subject: Re: [CANSLIM] Worley's Weekend Weeview


  ISM (Institute of Supply Management, formerly known as NAPM - Nat'l =
Assn of Purchasing Managers) produces two major monthly reports, one on =
manufacturing, and one on the service sector.  Both reports (indexes) =
consist of a number of sub-components, including an employment factor =
which is used to measure increase / decrease in actual jobs.  Both =
reports this week showed that more jobs were being lost in Sept than in =
Aug, even tho the service sector report showed a strong gain overall. =
For some years now, the manufacturing sector has been losing jobs while =
the service sector has been gaining. It's unusual for both to lose jobs, =
and dovetails with most other employment data (except for Labor's =
reports).

  here's CNN's version of the report
  =
http://money.cnn.com/2002/10/03/news/economy/ism_services.reut/index.htm

  ----- Original Message -----=20
  From: Ann=20
  To: canslim@lists.xmission.com=20
  Sent: Sunday, October 06, 2002 11:19 AM
  Subject: Re: [CANSLIM] Worley's Weekend Weeview


  Tom, can you please explain this paragraph?

  Thanks,

  Ann

  ISM reports that September service sector growth jumped a full 3 =
percentage points to 53.9%, eighth straight month of growth, and well =
over expectations of a gain to 51.4%. As mentioned above, the rate of =
layoffs accelerated with the employment factor down to 46.6% from 47.3%, =
the 19th straight month of job losses.



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<META http-equiv=3DContent-Type content=3D"text/html; =
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<STYLE></STYLE>
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<BODY bgColor=3D#ffffff>
<DIV><FONT size=3D2>Thanks, Tom.</FONT></DIV>
<DIV><FONT size=3D2>Ann</FONT></DIV>
<DIV><BR></DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
  <DIV=20
  style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
  <A title=3Dstkguru@bellsouth.net =
href=3D"mailto:stkguru@bellsouth.net">Tom=20
  Worley</A> </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Sunday, October 06, 2002 =
11:32=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] Worley's =
Weekend=20
  Weeview</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial>ISM (Institute of Supply Management, formerly =
known as=20
  NAPM - Nat'l Assn of Purchasing Managers) produces two major monthly =
reports,=20
  one on manufacturing, and one on the service sector.&nbsp; Both =
reports=20
  (indexes) consist of a number of sub-components, including an =
employment=20
  factor which is used to measure increase / decrease in actual =
jobs.&nbsp; Both=20
  reports this week showed that more jobs were being lost in Sept than =
in Aug,=20
  even tho the service sector report showed a strong gain overall. For =
some=20
  years now, the manufacturing sector has been losing jobs while the =
service=20
  sector has been gaining. It's unusual for both to lose jobs, and =
dovetails=20
  with most other employment data (except for Labor's =
reports).</FONT></DIV>
  <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial>here's CNN's version of the =
report</FONT></DIV>
  <DIV><FONT face=3DArial><A=20
  =
href=3D"http://money.cnn.com/2002/10/03/news/economy/ism_services.reut/in=
dex.htm">http://money.cnn.com/2002/10/03/news/economy/ism_services.reut/i=
ndex.htm</A></FONT></DIV>
  <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
  <DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
  <DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
  title=3Dannholly@attbi.com href=3D"mailto:annholly@attbi.com">Ann</A> =
</DIV>
  <DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV><B>Sent:</B> Sunday, October 06, 2002 11:19 AM</DIV>
  <DIV><B>Subject:</B> Re: [CANSLIM] Worley's Weekend =
Weeview</DIV></DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=3DArial>Tom, can you please explain this =
paragraph?</FONT></DIV>
  <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial>Thanks,</FONT></DIV>
  <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial>Ann</FONT></DIV>
  <DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
  <DIV><FONT face=3DArial>ISM reports that September service sector =
growth jumped=20
  a full 3 percentage points to 53.9%, eighth straight month of growth, =
and well=20
  over expectations of a gain to 51.4%. As mentioned above, the rate of =
layoffs=20
  accelerated with the employment factor down to 46.6% from 47.3%, the =
19th=20
  straight month of job losses.</FONT></DIV>
  <DIV>&nbsp;</DIV>
  <DIV><FONT size=3D2></FONT>&nbsp;</DIV></BLOCKQUOTE></BODY></HTML>

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