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Pastimes : Trading the markets.....

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To: GROUND ZERO™ who wrote (1249)12/5/2000 6:24:42 AM
From: William H Huebl  Read Replies (1) of 4583
 
Uh oh... read this commentary I put together based on a review of market indicators:

In the last 100 weeks:

The computer box makers have tripled through June of 2000 and then fallen back below where they started!

While advertising increased by fits and starts slightly, it has also fallen back to prior levels.

Both DOW and NAZ have increased 10% or so... an average of 5% (can get better returns from interest bearing cash accounts with safety)

The Goldman-Sachs Commodity Price Index (GNX - not to be confused with the Biotech) has almost doubled.

In summary, inflation as represented at the basic raw material level has doubled, advertising is back to prior levels after tripling and one good indication of tech health, the box makers, is back below 2 year ago levels!

Put this on top of an overblown market and you have all markets reaching back to levels seen 2 years ago.
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