WELCOME - Vol. 6 No. 49

TIMELY INVESTMENT INFORMATION - Weekly Economic Update
======================================================

Welcome !

For new and old subscribers, there is an Archive Section
on our website at: http://www.stockresearch.com/archive.html
It lists the original copy of each of our research reports,
at the time of publication.


=============================================================

PLEASE SUPPORT OUR SPONSORS
===========================

INVESTOOLS
==========

FREE REPORT: 10 Stocks To Help You Make It All Back!

Still listening to Wall Street's bears? They want you out of
the way while they grab today's once-in-a-decade bargains.
Don Rowe says investors now have a chance to double their
wealth. Get 10 leaders of this new bull market! FREE report:

  http://www.investools.com/c/go/WALL/SR-wallTW2?s=S600


INVESTOR'S BUSINESS DAILY - FREE TWO WEEK TRIAL OFFER
=====================================================

FREE TWO WEEK TRIAL to America's Fastest Growing Newspaper
and the FREE VIDEOTAPE "Maximizing Your Success." CLICK

http://ibd.infostreet.com/cgi-bin/freeoffer.cgi?source=ALA1GE2

            NO CREDIT CARD INFORMATION REQUIRED


============================================================

This is a text only copy that should be fairly well
formatted for most e-mail programs.  For those of you
that would prefer an easier to read format, simply click
on the link to our website, and if you want, print a copy.

       http://www.stockresearch.com/weekecon.html

============================================================

WEEKLY UPDATE FOR: December 29, 2001

Prior Week in Review:

Financial Market Highlights:
============================

                        12/28/01     12/21/01     %Change

S&P 500                 1,161.02     1,144.89      +1.41%
Dow Jones              10,136.99    10,035.34      +1.01%
NASD Comp               1,987.26     1,945.73      +2.13%
Russell 2000              493.62       484.02      +1.98%
SOX Index                 538.79       520.58      +3.50%
Value Line                372.10       362.90      +2.54%
MS Growth                 568.96       567.41       +.27%
MS Cyclical               535.61       523.39      +2.34%
T - Bill                    1.68%        1.66%      +2 BP
Long Bond                   5.54%        5.46%      +8 BP
Gold - Oz-Near Month     $276.80      $278.30      -$1.50
Silver - Oz-Near Month     $4.50        $4.47       +$.03


Economic News:
==============

Economic Reports Last Week Were Uniformly Positive
 Nice Ending For 2001 - Bodes Well For 2002 Recovery
 Spring Recovery More And More Likely - A Good Bet


*November Durable Goods Orders fell -4.8% -
  Ex volatile transportation sector orders rose +1.1%
*Jobless Claims rose +7,000 to 392,000 - Four Week
  Moving Average fell -25,250 to 413,250
*December Consumer Confidence rose to 93.7 - See Below
*November Existing Home Sales rose +.6% to 5.21 mil rate
*New Home Sales in November rose +6.4% - See Below


Last week's economic reports were uniformly positive,
and given that a few of them are truly "forward looking",
the implications for 2002 are getting better and better.
When combined with the prior week's reports, we are
becoming more and more confident, barring an exogenous
event, that an economic recovery will be underway by Spring.
Perhaps Ed Hyman is right - it may have already begun.

Longer term readers know that we place a lot of importance
on the outlook for the consumer, given that consumer
spending drives approximately two thirds of Gross Domestic
Product (GDP).  Naturally, we were particularly pleased, then,
that the Conference Board Consumer Confidence Survey
confirmed the nice gain in the Univ. of Michigan Sentiment
Index that we reported last week.  However, there is a "but."

The "but" is the disconnect between the sharp increases in
sentiment and the soft holiday selling season.  True there
was a late inning rally, and yes a major discounter reported
recent weekly sales at the top end of their target, but the
overall selling season was sloppy, and driven by price.

One rationale might be that consumers are somewhat concerned
about the labor market, given the rise in the unemployment
rate and the recent lackluster gains in personal income.
To us this would be a plausible explanation, and implies that
sluggishness will continue for a while longer.

However, the Durable Goods report, without the volatile
transportation sector, has now improved for two consecutive
months - not eternity by any standard, but it does imply that
the pressure on the beleaguered manufacturing sector is ending.
If so, then there will be a lagged response favorably
impacting both jobs and income.

While the housing market was also strong, we again caution that
in our view the strength is overstated given November's warm
weather.  Simply put, more people can shop for a house in
nice weather than poor weather.  More shoppers, low rates
equals more sales.  Simple as that.  But still there are
some positive implications as the supply of new homes on the
market is the smallest in almost a year.

Overall, then, a pretty good ending to 2001.  And, as you
know, our view is for a recovery to be underway by Spring.
But, the war against terrorism is not over, and may in fact
be expanded, and even without an exogenous event the slope
of the recovery is far from certain.  So, enjoy the New
Year Holiday as we look forward to 2002.  Stay tuned !


Current Weekly Calendar of Economic Data:
=========================================


Monday:   Chicago Purchasing Managers' Index
Tuesday:        NEW YEARS DAY HOLIDAY - FINANCIAL MARKETS CLOSED
Wednesday:      National Assn. of Purchasing Managers' Index,
                 Construction Spending
Thursday:       Jobless Claims
Friday:         Labor Department Employment Report



Fresh Money Buys:
=================

In response to subscriber feedback, we have established this
section to highlight recommendations from our list that we
believe are the most attractively priced currently.  We will
limit the selections to three each week, even as our list of
recommendations changes.

American Int'l Group (AIG)                     $80.22
Fannie Mae (FNM)                               $79.79
Pfizer Inc. (PFE)                              $40.40


Original reports from the time of recommendation, are
         available on our Website at:

    http://www.stockresearch.com/archive.html


You may obtain a "second opinion" from VectorVest, a service
that provides limited access free so you may try their
service at:

    http://www.stockresearch.com/vv.html


We will not track the performance of this list as we are
already monitoring the original recommendations.  Hope
this helps.

**************************************************************

INDIVIDUAL MANAGEMENT FOR EVERYONE
==================================

For everyone who has enjoyed reading our newsletter but has
not had the $200,000 required for our personal, individual,
asset management services, we have an incredible announcement
to make: Green Mountain Asset Management Corp. and
BridgePortfolio.com of Chicago, IL have created an alliance
where you can now invest in the Green Mountain Asset Growth
Portfolio through BridgePortfolio with a low minimum of
$10,000. Your individual account will be set up at Schwab
Institutional, which gives you 24 hr. web access. Green
Mountain Asset, as a sub-advisor, will instruct
BridgePortfolio what to buy and sell. BridgePortfolio.com, as
your investment advisor, will execute trades on your behalf
only in accordance with our instructions.

       Simple as that!  Click here for more details.

  http://www.bridgeportfolio.com/index.asp?RelCode=GM4005VT

Or call 800-610-8882  Monday thru Friday-9:00 am-5:00 pm CST

**************************************************************

CLASSIFIED ADS
==============

PARIS VACATION RENTALS - Apartment on Historic Ile Saint Louis
    Better Plan Ahead - Only One Month Left For 2002
         http://www.paris-vacation-rental.com

JACK: STRAIGHT FROM THE GUT - By Jack Welch - Only $17.97-Save 40%
http://www.amazon.com/exec/obidos/ASIN/0446528382/greenmountainass

NO BULL: MY LIFE IN AND OUT OF MARKETS - Michael Steinhardt-$20.96
http://www.amazon.com/exec/obidos/ASIN/0471181528/greenmountainass

THE THEORY OF INVESTMENT VALUE - John Burr Williams - Only $29.95
http://www.amazon.com/exec/obidos/ASIN/087034126X/greenmountainass

BASIC ECONOMICS: A CITIZEN'S GUIDE TO THE ECONOMY - Only $21.00
http://www.amazon.com/exec/obidos/ASIN/046508138x/greenmountainass


**************************************************************

SURVEY
======

It would really help us if you would take our brief survey, so
that we have a better understanding of our users and so that
we can sell targeted advertising, which keeps our services
free to you. A benefit to you and us.  So, please take just
two minutes to fill out a 13 question survey.  There is no
information requested to identify you personally as our only
interest is in the aggregate data. Thank you very much for
your help !

http://38.148.250.3/cgi-win/client.exe?readers,welcome,ad1321a,2000

To return here, after you have completed the survey, File
Close works better than the method suggested at the
survey site.

**************************************************************

As we continue to build both our Newsletter and our Website,
we welcome your feedback, so please feel free to e-mail me at:
mailto:bobbose@stockresearch.com

To UNSUBSCRIBE, just send an e-mail to:
timely-invest-off@mail-list.com
Be sure to use the e-mail address from which you subscribed.

To SUBSCRIBE, just send an e-mail to:
timely-invest-on@mail-list.com

To CHANGE, put either your new or old e-mail address in the
subject line and the other address in the from line and send to:
timely-invest-change@mail-list.com

DISCLAIMER:
===========

The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy or
sell any security. It does not purport to be a complete
description of the securities, markets, or developments
referred to in the material. All expressions of opinion
are subject to change without notice. The information is
obtained from internal and external sources which we
consider reliable but we have not independently verified
such information and we do not guarantee that it is
accurate or complete.  We do not undertake to advise you
to any changes in figures or our views.  We, our employees,
clients, and or officers and directors, may from time to
time have a long or short position in the securities
mentioned and may sell or buy such securities.




--
Bob Bose
Green Mtn. Asset Mgt. Corp., 139 Bank Street, Burlington, VT 05401
FREE Investment Newsletter - http://www.stockresearch.com
FREE Trial Investor's Business Daily
http://www.stockresearch.com/ibdform.html
800 - 385- 2673 / 802 - 658 - 7806




----------------------------------------------------------------------------------
To subscribe,   send a blank message to timely-invest-on@mail-list.com
To unsubscribe, send a blank message to timely-invest-off@mail-list.com
To change your email address, send a message to timely-invest-change@mail-list.com
   with the other address in the Subject: line



This message was launched into cyberspace to alewis@ect.enron.com