Thursday, August 11, 2005

INVENTORY to SALES RATIO

http://www.briefing.com/Silver/Calendars/EconomicReleases/businv.htm I don’t see anything bullish here, inventories have been falling for 15 years so record low is no concern. Sales and inventories seem neck and neck rather normal

I wonder since we don’t make anything anymore, and it is shipped set up ready to go from China, a GOOD reason for above?!

2 sources of knowledge I confided in say wait on Bonds, still cogitating.

Market bouncing this AM, I don't think a new high is in offing.

D

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