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Strategies & Market Trends : Ask DrBob

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To: indexit who wrote (4734)9/15/2000 8:52:11 AM
From: Louis V. Lambrecht  Read Replies (2) of 100058
 
indexit - it is the new economy !

CPI down -0.1% vs. consensus up 0.2%
Core CPI 0.2% = consensus

Business inventories 0.2% vs. 0.5% consensus.

Prices are stabilizing, less inventories build-up, statistics sez economy is faring good, so futures tank 50 pts ?!?!
Fair value = 3800 so we would have a flat open.

Sell the news ? or wth?
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