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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (51887)5/30/2001 5:14:02 AM
From: Skeet Shipman  Read Replies (1) of 94695
 
Bill,
That sounds good but how do you decide which indicator.
WHAT A MESS!
While the energy fiasco continues, natural gas prices are now trading in the $3s in agreement with my
prediction some months ago. If California would just negotiate an $18 plus natural gas cost per thousand
megawatts they could make it through the summer. What a mess!
Our economic situation is not any better. The worse the outlook. The deeper the rate cuts. The higher the
dollar goes.(Don't ask me the relationship here.) The softer international demand for IT and other capital
exports. What a mess!
The monetary and fiscal stimulus will be increasing imports not exports. Headed for zero GDP growth with no improvement on the horizon.
What a mess!
(My weekly economic indicators have not turned up like ECRI's.)
Skeet
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