Dorsey Wright & Associates. Point and Figure Message Board

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

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To: JDN who wrote (8564)	7/3/2000 8:54:56 AM
From: Tommy Dorsey	Read Replies (1) of 9427

JD, I don't know why you dont' consider oil a commodity. IT's in the CRB so its' considered a commodity. The CRB Index is up 22% on a year to year basis. The S&P is up 5.96% on a year to year basis. Think back to Nixon years. It only took 4% inflation to cause wage and price controls. Greenspans last comment in his speech last week was. "In these circumstances, and against the back ground of its long-term goals of price stability and sustainable economic growth and of information currently available, the committee believes the risks continue to be weighted mainly towards conditions that may generate heightened inflation pressures in the forseeable future." On Jim, I guess he's like Mr. Cramer. You either like him or you don't. No inbetween. I think he is one of the brightest on Wall Street or is it Africa right now. Difference of opinion is what makes a market. T

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