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I got a new car, just got a new computer and the same with most of the
appliances. I am running out of places to save. Although my medical costs
keep rising as do my prescription drugs, the gas I put in the new car, the
power I use to drive the computers that I have, and yet it is still just
$250 per point in the S&P and 12.50 in the currencies as for stocks it is
still just $100 a round lot per point. What happened to the inflation
factors there? With interest rates at less then 3% one needs there
leverage. I guess that it is back to options.
----- Original Message -----
From: "EarlA" <earl.a@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, February 20, 2003 2:37 PM
Subject: Re: [RT] Stocks
> Ira,
>
> You just have a negative attitude problem toward the CPI. You need to
> purchase more items, more frequently, which have been adjusted for
"quality
> improvements". A new computer every week, a new set of appliances every
> quarter, and a new car every six months will do wonders for your attitude
> problem.
>
> Earl
>
> ----- Original Message -----
> From: "ira" <mr.ira@xxxxxxxxxxxxx>
> To: "REAL TRADERS" <realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, February 20, 2003 2:13 PM
> Subject: [RT] Stocks
>
>
> In looking for something to do I started to scan my stock list. All I can
> say is that things look real ugly right now. In many instances price
> didn't rally much in the face of good news, short covering and bargain
> hunting. With expiration tomorrow it appears that a lot of puts might get
> exercised. If that does in fact occur there will be more downside
pressure
> on the markets. Monday's price action should be interesting.
>
> The inflation report today didn't help things any. Another move in gas
> prices to over $2 per gallon in my area reinforces what I have been saying
> for months. The government may not realize that there is inflation by
their
> numbers, but by mine, the cost of living has been increasing across the
> board for a couple of years.
>
> Have a good week end. Ira
>
>
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