Wednesday, April 20, 2005

GOV REPORTS LOW INFLATION

http://money.cnn.com/2005/04/19/markets/bondcenter/bonds/index.htm

STand up comedy? WHATGOV report can be trusted NOT to be manipulated?

GOLD rose yesterday on report. A HUGE .7% RISE BEFORE everything got stripped out! LOL

YEP, if we don't count this and take out energy, and forget about that.....NO inflation!

Last I looked OIL was still above $50. COSTS ARE getting into system, manufacturers are just NOW passing along FUEL SURCHARGES.

Manufacturers are raising their prices.

SO.....BONDS and STOCKS get bought....then good luck longs buying and holding expensive historically stocks.

I see this move as a counter trend move until proven otherwise. A MOVE many PRO'S see as a selling OPP!

D

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