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To: Justa Werkenstiff who wrote (11985)2/17/2000 5:04:00 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Analysis: Greenspan Details 3 items to keep an eye on - via Les H.

Message 12903641

...as we set 2 more records:

16:54 [$RUT] RUSSELL 2000 RECORD CLOSE: UP 10.66 AT 558.42

16:53 [$COMPQ] NASDAQ ENDS DAY AT RECORD: UP 121.22 AT 4,548.87



To: Justa Werkenstiff who wrote (11985)2/22/2000 1:15:00 PM
From: Wally Mastroly  Read Replies (2) | Respond to of 15132
 
Fed Action Likely if Stock Prices Keep Rising Faster Than Wages - via another thread:

Message 12937557



To: Justa Werkenstiff who wrote (11985)3/3/2000 10:33:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
ECRI/FIBER reports-both down slightly in Feb but continue to point towards higher inflation over the next several
months...

On a year-over-year basis, the ECRI index is up 10.3%, while the FIBER index is up 5.9%

dismal.com
-

More excerpts:

"..Analysis

.. The decline in these indices in February is most likely an anomaly, and will likely resume an upward trend next month, particularly as oil prices remain at nine-year highs and the labor market remains tight.

Employment growth was not a factor in this month?s numbers, as payroll employment was well below expectations. However, with the unemployment rate at just 4.1%, which is near its lowest point in 30 years, firms are finding it difficult to find qualified workers. This puts upward pressure on wages, which could eventually lead to increases in the Consumer Price Index. While tight labor markets have yet to lead to significant wage pressures due to strong productivity growth, this could come to an end as firms are forced to hire workers with fewer skills and less education. This would cause profits to fall, and put increased pressure on firms to raise prices...

.. Oil prices remain above $30 per barrel, as OPEC keeps tight reigns on output and global inventories dwindle. Prices will remain above $30 per barrel until it is clear what OPEC will decide to do with production when its current agreement expires at the end of March. OPEC?s next meeting will take place on March 27. At this point, it seems clear that output will be increased. The real question is whether production will be increased enough to calm markets and allow inventories to be increased to more comfortable levels..."

-

Meanwhile markets resume their rockets to the sky...

Investors/speculators may not have notived these indices yet <G>



To: Justa Werkenstiff who wrote (11985)3/5/2000 9:11:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
** Help My Cousin Lose Money **

My cousin is one of the principals in this Ace Hardware affiliated site. The prices look good to begin with based on some comparison shopping on particular items. Go to the site and fill out the sweepstakes form for the Handyman contest and get 25% off your order on the first $250. Bonus -- if you spend over $99 there is free shipping as well. No taxes too? Don't have the time or inclination to drive that fat cat SUV gas guzzler to some understaffed mega hardware category killer to spend hours looking for stuff and pondering the labor shortage issue? How can they do it and still make money? They can't but who cares. Their loss is your gain and losses are good as we all know.

The company will no doubt get a revenue valuation metric attached to it or, even better, no metric at all. Oh, the firm is not public yet so don't be running up to the margin window to bet the farm. Give it some time to come up with a BTB model and a wireless hook up through a linux based software and then go to the margin window.

ourhouse.com