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Technology Stocks : Dell Technologies Inc.
DELL 129.98-6.2%Dec 12 9:30 AM EST

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To: GRANOLA who wrote (124611)5/14/1999 9:22:00 AM
From: Augustus Gloop  Read Replies (2) of 176387
 
<< why do you expect cpi to be adjusted down next month>>

It just smacks of classic BAD NUMBERS. I remember last august when housing starts were up some wild number like 11%. It was later adjusted (in september) to down 4% and in the meantime the market tanked. The result was the fed lowering rates. These numbers have had a history of being off but we wont know for 30 days. I'm not implying that the fed will lower rates or that we haven't seen price increases at the pump. What I am saying is that the fed WILL NOT RAISE RATES THIS YEAR and we all knew gas was higher than the all time low prices (adjusted for inflation) that we had paid in the past 6 months. The core rate will be adjusted down....MARK MY WORDS! Ridicule me if I am wrong....I will deserve it as I have made some bold predictions.
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