RE: [CANSLIM] Worley's Weekend Weeview


From: "Logan, Scott L." <slogan@gosafeguard.com>
Subject: RE: [CANSLIM] Worley's Weekend Weeview
Date: Tue, 8 Oct 2002 15:07:35 -0500

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I don't think the American public has realized the effects of losing our
manufacturing jobs. Thousands of good paying blue collar jobs are
disappearing from our landscape. But I like most everyone else enjoy the low
cost goods that American factories( and Unions ) have priced themselves out
of.

- -----Original Message-----
From: Tom Worley [mailto:stkguru@bellsouth.net]
Sent: Sunday, October 06, 2002 10:32 AM
To: canslim@lists.xmission.com
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
<http://money.cnn.com/2002/10/03/news/economy/ism_services.reut/index.htm> 
 
- ----- Original Message ----- 
From: Ann <mailto:annholly@attbi.com>  
To: canslim@lists.xmission.com <mailto:canslim@lists.xmission.com>  
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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<DIV><SPAN class=3D250080220-08102002><FONT face=3DArial =
color=3D#0000ff size=3D2>I=20
don't think the American public has realized the effects of losing our=20
manufacturing jobs. Thousands of good paying blue collar jobs are =
disappearing=20
from our landscape. But I like most everyone else enjoy the low cost =
goods that=20
American factories( and Unions )&nbsp;have priced themselves out=20
of.</FONT></SPAN></DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
  <DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
  size=3D2>-----Original Message-----<BR><B>From:</B> Tom Worley=20
  [mailto:stkguru@bellsouth.net]<BR><B>Sent:</B> Sunday, October 06, =
2002 10:32=20
  AM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> Re: =
[CANSLIM]=20
  Worley's Weekend Weeview<BR><BR></FONT></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/i=
ndex.htm">http://money.cnn.com/2002/10/03/news/economy/ism_services.reut=
/index.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 =

  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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