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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: rohheck who wrote ()4/14/2000 8:47:00 AM
From: Think4Yourself   of 95453
 
CPI much higher than expected. Rotation today? Comments

S&P futures dropped 30 from +6 in the 23 minutes since the CPI came out. Recovering a little now.
NAZ futures down 66
DOW futures down 120

In an inflation environment you don't want to hoard cash. You want to invest it in commodities that you expect to rise faster than inflation. That's why I smell rotation.
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