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To: KeepItSimple who wrote (61188)9/10/1999 8:51:00 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 86076
 
KIS, it really doesn't matter...this market doesn't care about fundamentals anyway, it just wants to blast-off. every excuse to get the blow-off going will be used. just wait for CPI, you'll see a 150 point up-move in the NAZ that day. my worst fears re. blow-off are coming to pass...throwing in the towel as of now.



To: KeepItSimple who wrote (61188)9/10/1999 11:46:00 AM
From: Jorj X Mckie  Respond to of 86076
 
I simply CANNOT understand how the most important statistic is the one that you get when you extract the major components of our economy. What the hell are we measuring anyway? The price of pez dispensors in Utah??

This one I believe I understand. It is the disposable income that they are trying to gauge. It really doesn't matter if I make $75K or $150K per year, I eat the same number of steaks, drink the same number of Pepsis and turn the TV on at the same time every morning.