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Technology Stocks : JDS Uniphase (JDSU)

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To: Hank Stamper who wrote (4489)1/19/2000 9:31:00 AM
From: Tunica Albuginea  Read Replies (1) of 24042
 
OTOTOT/David Trotman, belated reply to " "CPI below expected.S&P exploding up to +19 from +9 pre-numbers.
CNBC:" No inflation ". :-)".

Please take a look at my post today on SI: Market Trends and Strategies: Market Direction Discussion:

Message 12609789

TA

------------------------------

you said

Message #4489 from David Todtman at Jan 15 2000 10:17PM

"CPI below expected.S&P exploding up to +19 from +9 pre-numbers.
CNBC:" No inflation ". :-)"

See what I mean. This is simply not the picture. CPI is backwards-looking. So what if there was no inflation yesterday. Does anybody here think
Greenspan gives a tinkers *$%# if milk did not go up yesterday? Heck no. CPI is meaningless for us here. Actually, its worse than meaningless,
it is dangerous to pay attention to CPI. Again, it is the prospect for inflation today and tomorrow that counts. A focus on CPI may be perilous.

Ciao,
David Todtman
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