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To: robert b furman who wrote (21246)8/14/2001 12:10:41 PM
From: Tunica Albuginea  Respond to of 24042
 
They did not follow my advice. Nasdaq up 1 points today. ( Or down 1 points
depending if you look at it before coffee or after coffee ).

A journey to China begins with the first step.....

Marco Polo

TA



To: robert b furman who wrote (21246)8/14/2001 12:36:02 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 24042
 
If the Nasdaq breaks out that will certainly stop Alan G. dead in his tracks from
further rate drops.

I think we are walking on thin ice.

Alan keeps saying that there is no inflation.
True, because the economy has crawled under a rock and
laid off workers are not claiming pay raises.

However " The CORE COST " of doing business is up
because higher gas, health and taxes are now solidly
embedded in our fabric.

The minute the economy recovers you are going to see
giant spikes in interest rates I think faster than you can blink.

In other words, the 1990 - 2000 decade of low gas low health
low inflation era will not be repeated.
In fact the internet has lowered costs & inflation
( internet is deflationary ).
However our Governors have noticed it and their lower tax intakes.
I think everybody is itching to tax that.

Inflation is not dead. Just resting before springing up again with a vengeance.
As soon as people get back to work they'll be asking for....
fat raises to pay....high taxes, gas & health,

TA