Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: nsumir81 who wrote (10094)	2/5/2002 9:42:12 AM
From: J.T.	Read Replies (1) \| Respond to of 19219

I agree with much of what you say and why I say DEFLATION is my biggest concern with this market (and hence I welcome modest INFLATION). It is the reason I have red flagged any break of CRB 175 is equivalent to death row support(and if copper makes new lows and breaks below .60 cents). This warning and the market would be in serious trouble and take on another ominous dimension not seen since 1932 - 1933, IF these breaks materialize. My point about signs of a modest inflation pick-up is that copper, steel, energy and coal have all bottomed and are attempting to firm. This is positive for the market. Any relapse back to the lows, and worse lower lows, and your premise about no inflation indicative to support an economic recovery will have proved correct. Best Regards, J.T.