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Reply #11: Those were the two big ones, but [View All]

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Frodo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-30-04 08:56 AM
Response to Reply #7
11. Those were the two big ones, but
We get a revision on the Michigan consumer sentiment number in an hour or so - not expected to change, but 103 WAS awfully high and the Conference board number wasn't AS big an improvement.

Then we get the Chicago PMI number fifteen minutes later - that's a medium-high important number. Anything over "50" indicates growth in that sector (but again it's 'what have you done for me lately'). The prior number was a 59 or so and this one is expected to improve to 62. So bet that it will come in a bit lower (60-61) and the improvement will still dent the market for "not as good as it should be".
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