iBooyah Perspective; week of October 2, 2006
The Dow Jones Industrial Average will likely remain in a holding pattern this week as investors try to digest the latest news. Manufacturing slowed amid a weak housing market and slumping auto sales. Non-residential housing construction continued to slide but was offset by strength in office buildings and other commercial projects.
The big economic report this week is the employment report, which is due out Friday. Based on this report, investors will attempt to gauge the future moves of interest rates. If it is inline with expectation, the market should continue its rally. However, any sign of too much slow down will result in fear of recession and result in sell off.
Today is also the first day of the fourth quarter. In the next few weeks, we’ll be entering into earning seasons. Smart investors are keeping their money on the sidelines for now as they wait for more clues.
Comments
I am not sure skpye is the same thing. With skpye you can call anyone in the USA for free true but whatabout income call to your land line number I do not think they can me sent to your skpe .
The real Question is the stock they are said to Have 2 mil in user. SO thiis company is going to be bought but by who and when?
Perhaps soon as a insider just bought quit a few share.
what are they law what does he know we do not?
Posted by: Brian Keith | October 3, 2006 03:00 PM
Brian, Skype does offer the same type of service as Vonage. They have several different level of service and it is possible to obtain a number for incoming calls. There are hardware vendors which now sells Skype phones for this purpose.
Posted by: ibooyah | October 3, 2006 09:19 PM