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To: mishedlo who wrote (7640)	12/17/2000 1:40:10 PM
From: Sig	Respond to of 13572

<<Comments on this link anyone?>>> 1. IMO inflation has always been much greater than reported. The last new car I bght(a 1961 Ford) cost $2500 today maybe $25,000. Just in recent years, some cars have gone from $18 to $35k and up. Locally, typical new homes being built here have gone from $90k to over 250K. Try those new Calif electric power rates. I paid ~11 cpkwh when there. Here we are still about 6 or 7 cents (Dell and TXN still need workers(G)) $4 for a box of corn flakes? Insane. 2. It is hugely more important to concentrate on individual stocks than on market direction. The best and brightest have failed at that. Thats LTCM, and Bob Citron of Orange Co who blew $1.2 bil on a missplaced bet on the direction of bond rates. We could get luck next week BUSH TO MEET GREENSPAN MONDAY TO DISCUSS ECONOMY: REUTERS Sig jmho