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

To: Crimson Ghost who wrote (37438)	1/14/2000 9:35:00 AM
From: Benkea	Respond to of 99985

From Maria (at the "Big Board"): "As usual, I'm getting sandwiched down here!"

To: Crimson Ghost who wrote (37438)	1/14/2000 10:02:00 AM
From: NickSE	Respond to of 99985

There are further details about U.S. inflation statistics that are troubling for the Fed and are probably a reflection of the rising bubble in the tech sector atop an already strong stock market. The Bureau of Labor Statistics data used in calculating the CPI claim that the price of housing has risen about 2.2 percent in the past year. >>> That low level measures the cost of renting a house, not the cost of buying a house. <<< The cost of buying a house has risen by 8 percent in the past year, and that rate has recently accelerated. Statistics released in October show that the average new-home price rose at a 24 percent annual rate during the previous three months. Message 12570810