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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: westpacific who wrote (99713)4/24/2000 1:22:00 AM
From: KevinMark  Read Replies (3) of 108040
 
Not necessarily as fast as you may think. The US dollar has to subside and money supply has to decrease. We're definitely heading in that direction though. I think we will have rallies throughout the year, but ultimately next year is when we will see the true bear market IMO. Here's an interesting post on Market Direction.

Message 13483082

The bottom line is this....oil still runs our markets no matter what anyone tries to tell you(very surprised no one has discussed gas prices, in terms of it's impact). No economy can continue to steam ahead when gas prices are up 50%. Joe Battipaglia said the last CPI # was a one-time event. I totally disagree. I believe the CPI this Thursday will be just as bad. Gas prices HAVE NOT come down one bit. Try paying 1.81c/gallon like I did last night in Orlando. Believe me...this will hit all the balance sheets come the end of this year.

KM
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