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Non-Tech : The Critical Investing Workshop
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To: RR who wrote (18971)5/16/2000 9:18:00 AM
From: Jim Willie CB   of 35685
 
when CPI surged in April, I predicted a flat to negative CPI in May

thank you very much, came in at zero total, plus 0.2% core

margin debt dropped $26B in April, dropping 10% month/month
but year over year, margin debt is still up 46%

Tom Galvin spoke again, on stocks after six rate hikes
in 1994, techs and healthcare continued growing
he focuses on unit growth as the key
techs still have unit growth

now it is looking to me that 50Bpt would be excessive
but the market wants 50bpt to be confident the Fed is vigilant

we will see, Jim
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