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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (32368)	11/5/1999 10:26:00 AM
From: Benkea	Respond to of 99985

Sorry for the duplicate post, Les.

To: Les H who wrote (32368)	11/5/1999 10:40:00 AM
From: bearshark	Read Replies (2) \| Respond to of 99985

Les: The PPI intermediate figures from last month did not look that bad. However, I think the longer term numbers looked a bit worse but they will have more time to disperse into the marketplace. In some of the labor settlements, the increase in pay was around 3 percent. I thought that was fairly calm. Oil made a lot of noise and is now flopping around. I also think there was Y2K buying of commodities and other items--just in case. For these reasons, I am beginning to speculate that the inflation scare is not all it is cranked up to be. I would expect the other 4 to 6 billion or so humans on this planet to disagree with me. However, I am looking for signs that I may be on to something.