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stocks did dip this morning as manufacturing data cooled off in march. however, the major averages recovered much of that decline as investors decided to focus on the employment component of that index. okay? that s the ism, the institute for supply management. the employment index part of it was up to a nine month high, so the good outweighs the bad at least for some investors, but we need to take a look at the dollar. the greenback extends its losses against most other major currencies today on the less than stellar manufacturing data. so the dollar saw the worst part of the data, rest of the markets seeing better parts of it. the economically sensitive dow transports did beautifully in the paris first quarter, taking a hit today. you pull it apart with the railroads, the airlines, ups, all 20 stocks are down. 17 down 1% or more. the index had been on a tear through the beginning part of the year, the index falling about 1.5% today, so perhaps a little bit of profit takin

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