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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 90.31+1.0%Jan 9 3:59 PM EST
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To: Nick who wrote (3792)5/18/1999 4:20:00 PM
From: Roger Hess  Read Replies (2) of 6846
 
The price of gas at the local pump went from 103.9 to 113.9, so I'll be paying, say, $20/month more for gas. Nothing to panic over yet.

For this, the CPI took a relatively big jump.

I think gas prices will level off, and the CPI should look better in a month, maybe even drop a bit.

Let's hope the Fed's 'bias' eases off then, too.

Now, wasn't gas 113.9 before it dropped to 103.9? Gee, why raise interest rates now when all it did was go back to where it started?
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