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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: nicewatch who wrote (23175)3/1/2005 10:44:26 AM
From: Bucky Katt  Read Replies (1) of 48462
 
Well, the major piece of that equation are these high oil prices, as you said. The talking heads keep chanting the talking point that the economy can handle $50 oil and not have inflation. They are full of shit, what they are attempting to do is get people used to the idea of the $50 price point.

If you go back to the 13 thread, I used to talk about the signal that chemical co's can give when they are making either new highs or new lows.

Also of interest, I just read an article about the CPI, and the upshot is the way they figure housing prices using "owners-equivalent rent" rather than using actual housing prices leads to a >doubling of the CPI number.
(2.44% to 5.38%, for the 1 year period through Sept) Now if that is a true inflation number, what now?
Something to think about, actual reality vs some made up bs number.
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