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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Zeev Hed who wrote (65733)5/10/2002 6:43:19 PM
From: Nancy  Read Replies (1) of 99280
 
Ag ran out of real ammo (cutting rate) now he is trying to talk up the market by saying now they thing the productivity gain may be for real ... blah blah blah,

for about 15 minutes, market cut short its losses, but then sank much lower.

i view this morning's low ppi is a bad signal as it means producers have no pricing power whatsoever.
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