[RT] Re: OIL has almost reached our upside target of 32.35--35.85

["Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>]

Good topic. My question concerns the disconnect between the nasdaq and the
dow/sp. It appears that the techs are flying because they do not use debt to
finance their growth and acquisitions. I can see how inflation and the
pressure on debt rates will hurt home buyers, credit card addicts, suv gas
bills, etc., but how or when will this apply to jdsu or nt or intc or msft?
These companies do not borrow to do business. So how can the fed reach them?
Caterpillar gets killed, but who wants to own cat with their growth
potential instead of the independently wealthy growth stocks?

Hopefully someone will address this.

Regards,

Michael

----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, March 02, 2000 06:45
Subject: [RT] Re: OIL has almost reached our upside target of 32.35--35.85


| I'm expecting to see an uptick in inflation in the next couple of months
| which scares heck out of the markets. High energy costs will percolate