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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: SiouxPal who wrote (19129)	5/26/2005 8:58:32 PM
From: Ron	Read Replies (2) \| Respond to of 361256

You gotta read this: Stock Market column of the future by Marty Goldberg: Tonight, I will discuss a technical analysis of the Dow Jones Industrial Average. I think that the Dow can rise an additional 10 points this week, to 10,510 driven by its greatly oversold condition. With modest leverage (by today’s standards) of 100:1 this can be a profitable trade. I’m predicting tomorrow’s weekly jobless claims to drop to 90 jobs lost, down from 91 jobs last week. I would like to also discuss the recent consumer price index release by the Fed; the core rate was a benign 1% rise ex food and energy. (The total was 22% including food and energy. But no matter as has been the case in the last few years, the market responded to the core rate and ignored the food and energy statistics.). As usual the market cheered the core rate. Yes folks, all is well in the economy and there is no inflation! Today I bought a cup of coffee in Starbucks and it only cost me $15.50 for a Grande. I suppose that there was a lot of food and energy in my hot cup of Java. But there is no inflation according to the Fed. the rest is here: financialsense.com