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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Tommy Dorsey who wrote (7322)4/16/2000 4:37:00 PM
From: Gottfried  Read Replies (1) of 9427
 
Tom, you saw this? "Summers Urges Calm in Face of Market Plunge" Sunday April 16 12:43 PM ET
dailynews.yahoo.com

>Asked whether he saw a risk of a serious rise in inflation in the months ahead, Summers replied, ``No, I don't.'<

I agree with this. Energy costs caused most of the latest 0.7%, but energy [crude] is way down from its peak and expected to stay down.

Gottfried
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