Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: wily who wrote (4224)	5/14/1999 12:11:00 PM
From: James Strauss	Read Replies (1) of 13094

Wily: Thanks for the article... Tobacco and Oil were the major culprits in the CPI this time out... Only 15% of the population uses Tobacco... So, that seems overweighted in this index... As for Oil, it is reflective of the current OPEC cut in production agreements... Those agreements have been known to break down as member countries cheat by producing more... A counterbalance is the turnaround in the Emerging Markets... As they need more Oil it could sustain the current price levels... Next Tuesday we'll find out if the FED changes its inflation bias... My guess is they won't change it this time around... Jim

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