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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (49648)3/3/1999 6:09:00 PM
From: Lucretius  Respond to of 132070
 
to make things even more fun... Al's reckless printing will bring inflation to our shores.... notice the recent pops in oil and chemical stocks, as well as gold. The herd is starting to turn into inflationary, overheating type stock plays... which is WRONG. We will see inflation.. but not because of too much economic activity. welcome to stagflation. Oil and chems should bounce here, but they will likely roll over to new lows once you price in a US recession. My guess is that gold will not hit new lows and continue higher, being the leader in the cycle.

this post should confirm something for us after today's little last gasp rally:

Message 8135587

I'll let you guess what it confirms... -g-



To: Mike M2 who wrote (49648)3/3/1999 7:01:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Mike, The strong profits also look a wee bit puny. MB