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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Tommy Dorsey who wrote (7653)5/3/2000 7:46:00 PM
From: Dave Shares  Read Replies (1) | Respond to of 9427
 
Your caution in the face of positive indicators is a true service to all of us. I couldn't agree with you more about the reasons. The NYSEBP is in its own "trading range" right now.

I am finding that in addition to following RS and trends, the overbought/oversold indicators are helping my short term trades. There is plenty of money to be made out there on both sides of this market.

Best wishes always,

David



To: Tommy Dorsey who wrote (7653)5/3/2000 10:18:00 PM
From: wizzards wine  Respond to of 9427
 
Thanks Tom, I am with you...and I think Mr BSL would agree!!!

We have been looking at the inflation for over 12
weeks now, and it looks more like almost 10% compounded...if the numbers keep comming in like they have in the past few weeks...

Regan instituted price controls at the 6% area if I remember correctly, and we are well beyond that now IMHO and from the numbers...scewed as the powers try, and corrected several months later...but not follow by most!!!

Thank You for your reassurance of what we believed to be happening!!!

Later

Preston



To: Tommy Dorsey who wrote (7653)5/4/2000 6:45:00 AM
From: JDN  Read Replies (1) | Respond to of 9427
 
Dear Tommy: Someone posted to another thread that USA currently has the highest inflation of any country in the industrial world. I dont know if that statement is true or not, but I replied that to my knowledge we also have the highest interest rates in the industrial world. We also have the highest productivity. So, the thought has occurred to me that since all ingredients are similar to everyone ie Energy, material cost, and labor cost must be at least no higher due to productivity MAYBE the reason for the inflation is the INTEREST RATES. Does that make any sense? JDN