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.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (56142)	5/2/2012 6:59:56 PM
From: marc ultra	1 Recommendation Read Replies (1) \| Respond to of 95536

<Once again the BEA has used "deflaters" that will strain the credibility of the public, especially if they buy gasoline. Why? Average price of gasoline at the pump has not only stopped shooting up but has steadily fallen from $3.91 to $3.80 in the last month and anyone who uses natural gas for anything has seen costs plunge. Shelter prices if anything are being overstated since they use a rental equivalency formula and we know rents are shooting up while the value of homes has stabilized at best. The fact is you can pick and choose and interpret statistics to fit almost any argument. What can't be argued IMO is if you go back and read the ECRI's recession call last September and view Lakshman's media appearances from shortly after and then compare it to where the economy has been since and I think any fair minded person would say the call was wrong on the facts and dead wrong if you factor in the direness and certainty which they presented and explained the call. The economy hasn't fallen out of bed, It's moving along at a moderate pace and selectively finding reasons whey the economy at the moment might be somewhat weaker than the headline number doesn't change that one iota. gasbuddy.com