|
PureBytes Links
Trading Reference Links
|
Ira -
While I agree with your expectation for inflation to show up, I've got the
CRB due for a significant decline. I am big picture bullish commodities
overall (I don't look at grains), but see a drop over the next few months
only. I also see a major reversal in the A$ starting any day now, though C$
still looks problematic to me.
Steve
---
Steven W. Poser, President
Poser Global Market Strategies Inc.
http://www.poserglobal.com
swp@xxxxxxxxxxxxxxx
Tel: 201-995-0845
Fax: 201-995-0846
-----Original Message-----
From: Ira Tunik [mailto:ist@xxxxxx]
Sent: Monday, October 23, 2000 1:03 AM
To: realtraders
Subject: [RT] Inflation
Everyone seems to believe that inflation is not a problem. I have
mentioned in previous posts that the government figures show low
inflation, but that the cost of living keeps going up at an accelerated
rate. There seems to be confirmation that this is going to impact us
very soon. I have not gotten buy signals on the AD or the CD as yet,
but they are setting up for a buy. If that comes to pass, then look
out. These are both hard asset based currencies and if they start to
run, it will be a strong indication that the inflationary fires have
been ignited. Look at the metals stocks, they usually take off before
the futures. We didn't get $6 oil and I don't believe that we will get
$100 gold at this time. Then will it be time for the grains? Just a
note to be wary. Have a good week, Ira
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxx
-------------------------- eGroups Sponsor -------------------------~-~>
eLerts
It's Easy. It's Fun. Best of All, it's Free!
http://click.egroups.com/1/9699/0/_/152424/_/972305054/
---------------------------------------------------------------------_->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxx
|