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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: lee kramer who wrote (58612)8/31/1999 8:29:00 PM
From: red_dog  Read Replies (1) of 120523
 
Lee

The game was very nice but could have been said in an easier way. Whither P&G was a good example, I don't know. This was only used for an answer to the prior post. (58596) Below is one of many to explain inflation, unless you take the Jim Rogers (traveling CNBC host) approach.

INFLATION:
An increase in the volume of money and credit (I believe that both are happening, and know you will agree with the second) relative to available goods and service's resulting in a continuing rise in the general price level. ( I'm sure you can see P&G or for that matter many more companies in that category) I don't know about you, but I pay more for a few items. The service's that I have around the house have went up on an average of 3 to 4 percent this year. Storing the boat, which I just received a bill for the upcoming season is more than I would like to say. To sum it up these prices have pretty much stayed the same until the last two years.

To sum this up and I know the argument could go on forever, as it has been doing. I will only say that we in the day/week trading arena do not like AG, to say things that turn the market. But if we all step back, I think we would have to say that he has done a a very good job.

Good luck luck in your game, and I hope better success in your trades.

Rg
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