Contraction in industry drives stock prices lower

[Guest guest]

Dear friends,

 

In line with the prediction by , stocks dropped 1,66% today, which is quite a bit.

 

"Transit Mars is going to be under continuous affliction of transit Rahu for next couple of weeks. This close affliction, in general, gives rise to infections, allergies, distress to police and security forces, accidents, volatility to financial markets and stress to executives. For various ascendants it causes stress to the significations of the house where the sign Aries is placed. Health and movements need care."

 

Interestingly, as Mars rules INDUSTRY, Bloomberg reports that the news driving the US stock market lower today concerns developments in manufacturing:

 

"U.S. Stocks Tumble After Manufacturing Contraction Poses Recession Threat".

Best wishes,

 

Thor

 

 

 

U.S. Stocks Decline After Manufacturing Unexpectedly Contracts

By Elizabeth Stanton

Jan. 2 (Bloomberg) -- U.S. stocks dropped, led by banks and computer companies, after the biggest decline in manufacturing in five years sent shares to their worst start since 2001.

Intel Corp., the largest semiconductor maker, fell the most in almost a year after Bank of America Corp. lowered its rating and investors speculated companies will spend less on technology. Caterpillar Inc., the largest maker of earthmoving equipment, and International Business Machines Corp., the biggest computer services company, led the Dow Jones Industrial Average lower.

The Standard & Poor's 500 Index lost 18.58, or 1.3 percent, to 1,449.78 as of 2:39 p.m. in New York , the most to start a year since it fell 2.8 percent on Jan. 2, 2001. The Dow average slipped 214.11, or 1.6 percent, to 13,050.71. The Nasdaq Composite Index decreased 39.68, or 1.5 percent, to 2,612.6. More than two stocks fell for every one that rose on the New York Stock Exchange.

The decline in the Institute for Supply Management's manufacturing index ``increases the odds we're going to go into a recession, and recessions are associated with bear markets,'' Brian Gendreau, who helps manage $12 billion at ING Investment Management in New York .

 

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[Guest guest]

Dear Sir,

 

What is the prospects of steel industry in India.

 

regards,

 

N.R. Srinatha

Cosmologer <cosmologersamva Sent: Thursday, 3 January, 2008 3:50:56 AM Contraction in industry drives stock prices lower

 

 

 

 

Dear friends,

 

In line with the prediction by , stocks dropped 1,66% today, which is quite a bit.

 

"Transit Mars is going to be under continuous affliction of transit Rahu for next couple of weeks. This close affliction, in general, gives rise to infections, allergies, distress to police and security forces, accidents, volatility to financial markets and stress to executives. For various ascendants it causes stress to the significations of the house where the sign Aries is placed. Health and movements need care."

 

Interestingly, as Mars rules INDUSTRY, Bloomberg reports that the news driving the US stock market lower today concerns developments in manufacturing:

 

"U.S. Stocks Tumble After Manufacturing Contraction Poses Recession Threat".

Best wishes,

 

Thor

 

 

 

U.S. Stocks Decline After Manufacturing Unexpectedly Contracts

By Elizabeth Stanton

Jan. 2 (Bloomberg) -- U.S. stocks dropped, led by banks and computer companies, after the biggest decline in manufacturing in five years sent shares to their worst start since 2001.

Intel Corp., the largest semiconductor maker, fell the most in almost a year after Bank of America Corp. lowered its rating and investors speculated companies will spend less on technology. Caterpillar Inc., the largest maker of earthmoving equipment, and International Business Machines Corp., the biggest computer services company, led the Dow Jones Industrial Average lower.

The Standard & Poor's 500 Index lost 18.58, or 1.3 percent, to 1,449.78 as of 2:39 p.m. in New York , the most to start a year since it fell 2.8 percent on Jan. 2, 2001. The Dow average slipped 214.11, or 1.6 percent, to 13,050.71. The Nasdaq Composite Index decreased 39.68, or 1.5 percent, to 2,612.6. More than two stocks fell for every one that rose on the New York Stock Exchange.

The decline in the Institute for Supply Management's manufacturing index ``increases the odds we're going to go into a recession, and recessions are associated with bear markets,'' Brian Gendreau, who helps manage $12 billion at ING Investment Management in New York .

 

 

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[Guest guest]

Dear Mr. Srinatha,

 

I presume it would depend on the indications for steel in the chart for India.

 

Best wishes,

 

Thor

n r srinatha <nrsrinathaSAMVA Sent: Thursday, January 3, 2008 1:42:08 PMRe: Contraction in industry drives stock prices lower

 

Dear Sir,

 

What is the prospects of steel industry in India.

 

regards,

 

N.R. Srinatha

Cosmologer <cosmologersamva Sent: Thursday, 3 January, 2008 3:50:56 AM Contraction in industry drives stock prices lower

 

 

 

 

Dear friends,

 

In line with the prediction by , stocks dropped 1,66% today, which is quite a bit.

 

"Transit Mars is going to be under continuous affliction of transit Rahu for next couple of weeks. This close affliction, in general, gives rise to infections, allergies, distress to police and security forces, accidents, volatility to financial markets and stress to executives. For various ascendants it causes stress to the significations of the house where the sign Aries is placed. Health and movements need care."

 

Interestingly, as Mars rules INDUSTRY, Bloomberg reports that the news driving the US stock market lower today concerns developments in manufacturing:

 

"U.S. Stocks Tumble After Manufacturing Contraction Poses Recession Threat".

Best wishes,

 

Thor

 

 

 

U.S. Stocks Decline After Manufacturing Unexpectedly Contracts

By Elizabeth Stanton

Jan. 2 (Bloomberg) -- U.S. stocks dropped, led by banks and computer companies, after the biggest decline in manufacturing in five years sent shares to their worst start since 2001.

Intel Corp., the largest semiconductor maker, fell the most in almost a year after Bank of America Corp. lowered its rating and investors speculated companies will spend less on technology. Caterpillar Inc., the largest maker of earthmoving equipment, and International Business Machines Corp., the biggest computer services company, led the Dow Jones Industrial Average lower.

The Standard & Poor's 500 Index lost 18.58, or 1.3 percent, to 1,449.78 as of 2:39 p.m. in New York , the most to start a year since it fell 2.8 percent on Jan. 2, 2001. The Dow average slipped 214.11, or 1.6 percent, to 13,050.71. The Nasdaq Composite Index decreased 39.68, or 1.5 percent, to 2,612.6. More than two stocks fell for every one that rose on the New York Stock Exchange.

The decline in the Institute for Supply Management's manufacturing index ``increases the odds we're going to go into a recession, and recessions are associated with bear markets,'' Brian Gendreau, who helps manage $12 billion at ING Investment Management in New York .

 

 

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