Can you beat 50% per month? Message Board

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Strategies & Market Trends : Can you beat 50% per month?

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To: Jon Scott who started this subject	8/19/2004 12:13:30 PM
From: Smiling Bob	Read Replies (1) of 19257

DOW 10046 It's completely mind-boggling that with $48 oil, this market is not dropping with ever-increasing speed. Oil is the lifeblood of the economy. Corresponding gas increases are being suppressed, but will be springing up to $3 gallon almost overnight once the reigns are let go. EVERY one I talk with mentions their need to raise prices as a result of fuel costs. Many manufacturers and suppliers have increased prices twice this year. Food prices at the supermarket have had to have risen at least 30-50% the past 2-3 years when decreased package size is factored in. Health care and education continue to see spiraling price jumps. Government figures say there is no inflation and the economy is humming along, but this fairy tale has to come to an abrupt end VERY soon. This economy will need to weather one of the most painful downturns seen since the depression. Only in that regard, would I like to see Bush re-elected. Then he is forced to explain to the public that he can't hide the charades anymore.

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