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To: D.J.Smyth who wrote (144692)10/15/1999 4:08:00 PM
From: Lee  Respond to of 176387
 
Darrell,..Re:.will look it up. dow jones was saying oil and tobacco

Maybe this will help?

stats.bls.gov
During the third quarter of 1999, the PPI for finished goods moved up
at a 7.5-percent seasonally adjusted annual rate (SAAR), after increasing
at a 2.5-percent rate in the second quarter. Prices for finished energy
goods rose at a 43.9-percent SAAR from June to September, following a 21.9-
percent rate of advance from March to June. The index for finished goods
other than foods and energy moved up at a 2.8-percent SAAR during the third
quarter, after showing no change in the second quarter. Finished consumer
foods prices advanced at a 2.1-percent SAAR from June to September,
following a 0.3-percent rate of increase from March to June. During the third quarter of 1999, the PPI for intermediate goods rose at a 7.0-percent SAAR, after increasing at a 5.0-percent rate during the second quarter of this year. Prices for crude goods advanced at a 45.3-percent SAAR from June to September, following a 40.5-percent rate of increase from March toJune.


Maybe it's not so much that some things have turned up but the rate at which they're doing it?
stls.frb.org

Cheers,

Lee



To: D.J.Smyth who wrote (144692)10/15/1999 4:09:00 PM
From: Boplicity  Respond to of 176387
 
MOnday should be a killer. Sell off my foot. AAPL, NVLS, SUNW and DIGL my new buy for today.

Greg



To: D.J.Smyth who wrote (144692)10/15/1999 4:09:00 PM
From: GVTucker  Read Replies (2) | Respond to of 176387
 
Darrell, RE: okay, what are the two "low data points"?

Poultry prices declined by double digits. For second place you have a choice of several lesser declines.

The 'good' news (at least on the inflation front) is that the 30 yr bond actually went up today, lending credence to the theory that, unlike '87, a stock market decline probably would influence the overall economy.