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To: JHR who wrote (7752)	3/12/1999 11:18:00 PM
From: SJS	Read Replies (1) \| Respond to of 14427

I'll say it again. Be careful what you wish for. Gasoline prices are already up at the pumps, and this all AG needs to raise rates: the threat or fear of commodity price inflation. Oil prices are the single biggest component of the commodity pricing model and if we move up rapidly, inflation will blip on ALL the weekly/monthly indicators. All this moderate slow moving deflation will go away and will be replaced by a CRB index over 200 and moving higher, and PPI and CPI showing big ++++ each month instead of .1 and .2, or negative. I don't want that. I am gonna sound like LT here. It will really croak this market, and I mean it. This won't be good. Regards, Steve