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To: Lee who wrote (31764)6/7/2000 7:01:00 PM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
This thread is a place where I let myself go free, what comes out is sometime banal sometime good but I do myself fail to understand that how can I make such comparisons. For me I am driven by very simple plain logic my thinking borders on conventioanl wisdom and may be a shred of intelligence, the two combine has helped me steer through what appears to be a meandering course of markets.. Thanks that you appreciate it.. as always best regards..



To: Lee who wrote (31764)6/7/2000 8:53:00 PM
From: booters  Respond to of 50167
 
All of this may very well be true but at some point it is priced into the market, or the market has caught up wouldn't you have to say. If these advances create growth etc. then at some point they plain out. Maybe at 10% per year, 20%, 25%, I do not know. But you must agree it won't continue at the rate the market has increased in the last few years.

So the market has been catching up, or has caught up and now evening out or has over run a little and is backing off to level out at the true growth rate. But at some point the market will run at about the same rate as growth or at least average it wouldn't you think? And unless you think the growth rate will be 40-50% the markets have to slow down somewhere.

Don't know where that is but just a thought.

boots



To: Lee who wrote (31764)6/8/2000 10:35:00 AM
From: Lee  Read Replies (1) | Respond to of 50167
 
Economic Data for Thursday, June 8, 2000

Weekly Jobless Claims = +20k to 309k

dol.gov
In the week ending June 3, the advance figure for seasonally adjusted initial claims was 309,000, an increase of 20,000 from the previous week's revised figure of 289,000. The 4-week moving average was 290,250, an increase of 2,750 from the previous week's revised average of 287,500.

Import Prices for May = +0.6%
Export Prices = +0.2%

bls.gov
The U.S. Import Price Index increased 0.6 percent in May, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The increase in May was attributable to a 6.5 percent upturn in petroleum prices, as nonpetroleum prices declined 0.2 percent for the month. Export prices also rose in May, up 0.2 percent, after dipping 0.1 percent in April.