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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Hank Stamper who wrote (9385)5/5/2000 2:14:00 PM
From: Kirk ©  Respond to of 42834
 
Thanks David.

Dismal had not posted the analysis when I first got the numbers.

I meant "Mixed" in that one index (ECRI) said inflation and the other(FIBER) said the opposite. To me, the indicators were mixed whereas Dismal has chosen to give one more weight.

To me, Dismal is a bit of a "sky is falling due to inflation" site and today's analysis is actually pretty mild for them, perhaps a signal? 8)

For them to write:

"Differences in the direction for these indices that were developed to foresee turning points in inflation are difficult to interpret, and one-month movements can easily be reversed or revised away. The ECRI series is probably giving the right directional sign at this time, but the upward trend seems a little too strong."

reflects somewhat their bias.
(with a name like DISMAL, would you expect them to be happy?!) -VBG

cheers
Kirk out