RE: [CANSLIM] Worley's Weekend Weeview

From: "Rocky Sanghvi" <rs@mylodestar.com>
Subject: RE: [CANSLIM] Worley's Weekend Weeview
Date: Tue, 8 Oct 2002 16:44:24 -0400

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Scott,

 

I work extensively with Manufacturing companies throughout the country
and I completely agree with your comments.  

One of the lessons coming home to roost is that you cant have an economy
based entirely on the Service sector.  A society has to MAKE something
tangible to have a thriving economy.  

 

Rocky

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Logan, Scott L.
Sent: Tuesday, October 08, 2002 4:08 PM
To: 'canslim@lists.xmission.com'
Subject: RE: [CANSLIM] Worley's Weekend Weeview

 

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

 

- ----- Original Message ----- 

From: Ann <mailto:annholly@attbi.com>  

To: 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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<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
 10.0pt;font-family:Arial;color:navy'>Scott</span></font><font size=3D2
color=3Dnavy face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial;
color:navy'>,</span></font></p>

<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;color:navy'>&nbsp;</span></font></p>

<p class=3DMsoNormal><font size=3D2 color=3Dnavy face=3DArial><span =
style=3D'font-size:
10.0pt;font-family:Arial;color:navy'>I work extensively with =
Manufacturing
companies throughout the country and I completely agree with your =
comments. &nbsp;</span></font></p>

<p class=3DMsoNormal><b><font size=3D3 color=3Dnavy face=3D"Times New =
Roman"><span
style=3D'font-size:12.0pt;color:navy;font-weight:bold'>One of the =
lessons coming
home to roost is that you cant have an economy based entirely on the =
Service
sector.&nbsp; A society has to MAKE something tangible to have a =
thriving
economy.&nbsp; </span></font></b></p>

<p class=3DMsoNormal><b><font size=3D3 color=3Dnavy face=3D"Times New =
Roman"><span
style=3D'font-size:12.0pt;color:navy;font-weight:bold'>&nbsp;</span></fon=
t></b></p>

<p class=3DMsoNormal><b><font size=3D3 color=3Dnavy face=3D"Times New =
Roman"><span
style=3D'font-size:12.0pt;color:navy;font-weight:bold'>Rocky</span></font=
></b></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 =
face=3DTahoma><span
style=3D'font-size:10.0pt;font-family:Tahoma'>-----Original =
Message-----<br>
<b><span style=3D'font-weight:bold'>From:</span></b>
owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com] <b><span
style=3D'font-weight:bold'>On Behalf Of </span></b></span></font><font =
size=3D2
 face=3DTahoma><span =
style=3D'font-size:10.0pt;font-family:Tahoma'>Logan</span></font><font
size=3D2 face=3DTahoma><span =
style=3D'font-size:10.0pt;font-family:Tahoma'>, </span></font><font
  size=3D2 face=3DTahoma><span =
style=3D'font-size:10.0pt;font-family:Tahoma'>Scott</span></font><font
 size=3D2 face=3DTahoma><span =
style=3D'font-size:10.0pt;font-family:Tahoma'> </span></font><font
  size=3D2 face=3DTahoma><span =
style=3D'font-size:10.0pt;font-family:Tahoma'>L.</span></font><font
size=3D2 face=3DTahoma><span =
style=3D'font-size:10.0pt;font-family:Tahoma'><br>
<b><span style=3D'font-weight:bold'>Sent:</span></b> Tuesday, October =
08, 2002
4:08 PM<br>
<b><span style=3D'font-weight:bold'>To:</span></b> =
'canslim@lists.xmission.com'<br>
<b><span style=3D'font-weight:bold'>Subject:</span></b> RE: [CANSLIM] =
Worley's
Weekend Weeview</span></font></p>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>&nbsp;</span></font></p>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 =
color=3Dblue face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;color:blue'>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 )&nbsp;have priced themselves out of.</span></font></p>

</div>

<blockquote =
style=3D'margin-top:5.0pt;margin-right:0in;margin-bottom:5.0pt'>

<p class=3DMsoNormal =
style=3D'margin-right:0in;margin-bottom:12.0pt;margin-left:
.5in'><font size=3D2 face=3DTahoma><span =
style=3D'font-size:10.0pt;font-family:Tahoma'>-----Original
Message-----<br>
<b><span style=3D'font-weight:bold'>From:</span></b> Tom Worley
[mailto:stkguru@bellsouth.net]<br>
<b><span style=3D'font-weight:bold'>Sent:</span></b> Sunday, October 06, =
2002
10:32 AM<br>
<b><span style=3D'font-weight:bold'>To:</span></b> =
canslim@lists.xmission.com<br>
<b><span style=3D'font-weight:bold'>Subject:</span></b> Re: [CANSLIM] =
Worley's
Weekend Weeview</span></font></p>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3DArial><span
style=3D'font-size:12.0pt;font-family:Arial'>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.&nbsp;
Both reports (indexes) consist of a number of sub-components, including =
an
employment factor which is used to measure increase / decrease in actual
jobs.&nbsp; 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).</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>&nbsp;</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3DArial><span
style=3D'font-size:12.0pt;font-family:Arial'>here's CNN's version of the =
report</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3DArial><span
style=3D'font-size:12.0pt;font-family:Arial'><a
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></span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>&nbsp;</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 =
face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial'>----- Original Message =
- ----- </span></font></p>

<div style=3D'font-color:black'>

<p class=3DMsoNormal =
style=3D'margin-left:.5in;background:#E4E4E4'><b><font size=3D2
face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>From:</span=
></font></b><font
size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial'> <a
href=3D"mailto:annholly@attbi.com" title=3D"annholly@attbi.com">Ann</a> =
</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><b><font size=3D2 =
face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>To:</span><=
/font></b><font
size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial'> <a
href=3D"mailto:canslim@lists.xmission.com" =
title=3D"canslim@lists.xmission.com">canslim@lists.xmission.com</a>
</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><b><font size=3D2 =
face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>Sent:</span=
></font></b><font
size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial'> Sunday,
October 06, 2002 11:19 AM</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><b><font size=3D2 =
face=3DArial><span
style=3D'font-size:10.0pt;font-family:Arial;font-weight:bold'>Subject:</s=
pan></font></b><font
size=3D2 face=3DArial><span =
style=3D'font-size:10.0pt;font-family:Arial'> Re:
[CANSLIM] Worley's Weekend Weeview</span></font></p>

</div>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>&nbsp;</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3DArial><span
style=3D'font-size:12.0pt;font-family:Arial'>Tom, can you please explain =
this
paragraph?</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>&nbsp;</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3DArial><span
style=3D'font-size:12.0pt;font-family:Arial'>Thanks,</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>&nbsp;</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3DArial><span
style=3D'font-size:12.0pt;font-family:Arial'>Ann</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>&nbsp;</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3DArial><span
style=3D'font-size:12.0pt;font-family:Arial'>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.</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>&nbsp;</span></font></p>

</div>

<div>

<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3D"Times New Roman"><span
style=3D'font-size:12.0pt'>&nbsp;</span></font></p>

</div>

</blockquote>

</div>

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