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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Defrocked who wrote (25853)3/17/1999 3:05:00 PM
From: Cynic 2005  Read Replies (1) of 86076
 
<<Given that energy is approximately 10% or more of
the PPI, the March number released on April 9th should
show a substantial bump higher. Of course the market will argue
that one-month's move in a volatile component does not
translate into inflation. And of course energy could decline
during the intervening weeks before release. However, I still
maintain that a bond rally on Feb's CPI tomorrow may be a
good reentry point for those inclined to short. BWDIK.>>

Good thinking. But, how many of those bond traders have the half-brains of Internut traders? -g- I mean, don't you think that bond traders are too smart a bunch to fall for "customary" PPI rally? Oh, well, on a second thought, that is exactly you are suggesting! -g-
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