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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (3274)	2/20/2001 6:26:51 PM
From: Original Mad Dog	Read Replies (1) \| Respond to of 33421

Is that for one period, or the decline from some peak last year? How long is one period? For it to go from more than half to less than a third seems impossible.

To: John Pitera who wrote (3274)	2/20/2001 8:57:26 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 33421

Y'know... for some time now, I've been unwilling to give this scenario too much credence. But with profits declining, yet energy prices remaining high across the board (oil, NG, and electricity in CA), and the US Dollar hovering on breaking 109 support (and a potential fifth wave down), I'm getting a bit concerned about... dare I say it...? Say if can't be true?.... Could it be??? Stagflation? In such a scenario, I'm big on energy and gold. Regards, Ron