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About 'baldor motors'-how to wire a 3 phase motor







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About 'baldor motors'-how to wire a 3 phase motor








Markets               made               up               nearly               half               of               yesterday's               losses.

Market               mavens               attributed               it               to               three               factors:               covering               by               shorts,               bottom-fishing               buyers               and               optimism               on               the               bailout               bill.

Europe's               banking               sector               worries               from               subprime               loan               exposure               are               not               yet               over.

Close               on               the               heels               of               rescuing               Fortis               bank               we               read               yesterday,               governments               in               Belgium,               France,               and               Luxembourg               pumped               $9.24               bln               into               another               Belgian               bank               Dexia               today.
               European               markets               closed               the               day               up               by               around               2%.

Asian               markets               were               mixed               in               their               response               -               Japan's               Nikkei               turning               negative               and               Hong               Kong's               Hangseng               going               positive.
               Economic               Data:
               The               Conference               Board               consumer               confidence               level               for               September               -               rose               by               1.3               to               59.8               from               August's               58.5               reading.

That               is               in               excess               of               the               forecast               of               54.0.

The               three-month               average               rose               to               56.7               from               53.8.
               NAPM               Chicago               Business               Barometer               Index               -               Chicago               Regional               manufacturing               survey               fell               1.2               by               to               56.7,               but               still               bettered               the               consensus               forecast               of               53.0.
               S&P/Case-Shiller               20-City               Composite               -               Home               prices               fell               by               0.9%               in               major               cities               in               July               compared               to               previous               month.

It               is               a               whopping               16.3%               decline               from               the               same               period               last               year.
               The               ABC               News               Consumer               Comfort               Index               -               is               steady               at               -41               on               a               scale               of               +100               to               -100.

But,               it               is               far               below               the               22-year               average               reading               of               -10.
               ICSC-Goldman               weekly               chain-store               sales               index               -               fell               by               0.2%               from               last               week.

Yearly               index               just               made               it               by               1.1%.

September               retail               sales               may               be               flat               at               1.0               percent.
               The               Redbook               report               on               consumer               confidence               for               the               week               ending               September               27               -               showed               a               rise               of               only               1.0%               from               the               previous               week.
               With               no               end               in               sight               for               the               European               economic               troubles,               the               dollar               renewed               its               rally               against               a               basket               of               world               currencies               and               settled               higher               by               2.5%.
               Oil               rose               by               $4.27               (4.43%)               to               $100.64.

Yesterday               it               had               dipped               below               $100.
               With               stocks               regaining               some               of               the               luster,               Gold               fell               by               -$13.60               (-1.52%)               to               $880.80.

Another               casualty               was               the               market               for               Treasury               securities               that               were               in               high               demand               during               yesterday's               calamity.
               CBOE               Volatility               (VIX)               sobered               down               by               7.33               to               39.39.
               Market               indices:
               Dow               went               UP               by               485.21               (4.68%)               to               10850.66               
               S&P               500               UP               by               58.32               (5.27%)               to               1164.74               
               Nasdaq               UP               by               98.60               (4.97%)               to               2082.33
               NYSE:
               Daily               Volume:               1.18               bln               
               A/D               Ratio:               2597               stocks               advanced               against               649               declined               
               52-week               Hi/Lo:               8               stocks               set               new               Highs               while               292               dipped               to               new               Lows
               Nasdaq:
               Daily               Volume:               2.16               bln               
               A/D               Ratio:               1964               stocks               advanced               against               1014               declined               
               52-week               Hi/Lo:               12               stocks               topped               new               Highs               while               239               set               new               Lows
               As               if               to               wipe               out               yesterday's               precarious               fall,               market               rebounded               with               all               its               major               sectors               full               steam               ahead.

While               the               errant               financials               provided               the               lead               along               with               energy               sector,               the               rearguard               was               formed               by               the               defensive               utilities.
               Nasdaq               gave               some               missed               heartbeats               to               Google               (GOOG)               investors               in               the               closing               minutes               with               a               near               $60               drop               in               price.

After               an               hour,               they               were               relieved               to               hear               it               was               all               due               to               a               technical               glitch.
               Credit               rating               agencies,               spurred               into               action               from               their               stupor,               are               showing               too               much               alacrity               in               handing               down               ratings.

Fitch               revised               Hartford               Financial               Services               Group               (HIG)'s               credit               outlook               to               negative.

Yesterday,               Fitch               had               placed               Citigroup's               (C)               issuer               default               rating               under               Negative               Watch               list.

Whatever               be               the               nomenclature               they               use,               as               can               be               expected,               this               affected               the               share               prices               of               the               downrated               companies.
               Restructuring               Efforts:
               Circuit               City               (CC)               has               set               out               on               a               restructuring               mission               following               the               recent               disappointing               outlook,               though               details               are               yet               to               be               worked               out.
               AT&T(T)               is               reorganizing               its               business               into               four               divisions               -               consumer,               business,               infrastructure               and               diversified,               with               the               more               visible               telecom               services               under               the               consumer               division.

This               is               an               internal               restructuring.
               General               Motors               (GM)               has               begun               laying               off               hundreds               of               contract               workers.
               Pfizer               (PFE)               is               cutting               down               on               cardiac,               obesity               and               bone               research               activities               in               an               effort               to               refocus               its               priorities.
               Ciena               Capital               of               the               Allied               Capital               (ALD)               fold               has               filed               for               bankruptcy               protection.
               M&A               News:
               The               Washington               Post               (WPO)               is               set               to               acquire               Foreign               Policy               Magazine.
               Company               Results:
               Pepsi               (PBG)               announced               quarterly               earnings               that               exceeded               market's               expectation.
               Analysts'               Ratings:
               Following               company               stocks               were               upgraded:
               Abercrombie               &               Fitch               Co               (ANF),               Airgas               Inc               (ARG),               AMR               Corporation               (AMR),Anworth               Mortgage               Asset               (ANH),               Baldor               Electric               Co               (BEZ),               Emerson               (EMR),               First               Horizon               National               (FHN),               Landstar               System               Inc               (LSTR),               QLogic               Corp               (QLGC),               Research               In               Motion               Ltd               (RIMM),               SatCon               Technology               (SATC),               Sovereign               Bancorp               (SOV),               and               Wells               Fargo               &               Co               (WFC).
               Downgraded               stocks               include:
               Acme               Packet               Inc               (APKT),               Armstrong               World               Industries               (AWI),               California               Pizza               Kitchen               (CPKI),               Chipmos               Tech               Bermuda               Ltd               (IMOS),               Circuit               City               Stores               (CC),               Cooper               Tire               &               Rubber               Co               (CTB),               Fifth               Third               Bancorp               (FITB),               Gentex               Corp               (GNTX),               Grey               Wolf               Inc               (GW),               Littelfuse               Inc               (LFUS),               NYMAGIC               Inc               (NYM),               ProLogis               (PLD),               Semitool               Inc               (SMTL),               Total               System               Services               (TSS),               Ultra               Clean               Holdings               (UCTT),               Varian               Semiconductor               Equipment               (VSEA),               VCA               Antech               Inc               (WOOF)               and               Wintrust               Financial               Corporation               (WTFC).
               The               SEC               now               thinks               that               companies               can               be               allowed               to               value               "inactive"               assets               based               on               assumptions               and               modeling               rather               than               adjusting               them               to               market               values.

Further               details               and               instructions               are               to               be               issued               in               consultation               with               the               accounting               organization               FASB.

This               may               prove               beneficial               to               business               with               inactive               assets               in               the               present               turmoil.
               Usually               media               do               not               publish               important               news               based               on               their               preconceived               ideas               on               public's               knowledge               and               understanding.

Earlier               today,               the               federal               funds               rate               for               banks               had               risen               alarmingly               to               7.00%.

Fed               readily               made               available               a               28-day               repo               worth               $20               bln.

Liquidity               soon               improved               due               to               availability               of               funds               that               the               fed               funds               rate               immediately               dipped               to               3.5%               and               later               even               to               1.5%.
               God               alone               knows               how               many               more               such               Fed               interventions               will               be               necessary               before               we               get               out               of               this               crisis.

Some               experts               say               it               may               even               take               a               decade               to               clear               up               the               mess               created               by               Wall               Street               prodigals.
               Today               afternoon,               we               heard               from               Atlanta               Fed's               Dennis               Lockhart               in               New               Orleans:
               *               inflation               is               no               longer               as               worrisome               
               *               prospects               for               growth               have               weakened               
               *               if               broken               state               of               global               financial               markets               continue               like               this,               it               would               pose               a               "grave               threat"               to               the               US               economy               
               *               is               pessimistic               about               the               near-term               outlook               
               *               expects               a               "very               weak"               final               six               months               of               2008.
               Okay,               we               already               know               about               inflation;               anything               to               say               about               recession?






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