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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (46931)	4/14/2000 12:56:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 94695

what are your short term indicators saying now? do you think they'll rescue this thing still today, or are you expecting a soggy last hour? i took profits on a few put positions earlier and i'm contemplating whether i should re-enter some of those if we get a bounce. btw, CPI inflation year-to-date is 5,8%. the Fed is way behind the curve. they should ratchet the Fed funds to 8% or so, before this turns into run-away inflation... PPI annualized is at 12%...we had now two months in a row with +1%. forget about 'core' inflation...that's inflation without the stuff that goes up in price...inflation without inflation in short.