Go to Jeff Salisbury LWGate Home Page.From: Hermann Ertl <hertl@attglobal.net>
Subject: [CANSLIM] 36% growth (was: Mr. Greenspan's testimony)
Date: Sun, 21 Jul 2002 13:30:31 -0400
Next Article (by Date): [CANSLIM] Rebuilding Process - When Will It Begin Gene Ricci
Articles sorted by: [Date]
[Author]
[Subject]
> From: "Tom Worley" <stkguru@bellsouth.net> > Date: Sat, 20 Jul 2002 20:02:37 -0400 > > Interesting that he waited for the final paragraph of his speech > to reveal that the Feds were making a sizable increase in their > forecasts for this year's GDP growth rate. This is a full percent > increase over what they forecasted as recently as Feb '02. snip > > quote: > Indeed, the central tendency of Federal Reserve policymakers' > forecasts is for expansion of real GDP over the four quarters of > 2002 of 3-1/2 to 3-3/4 percent, somewhat above the rates > anticipated in our February report. > From: "Tom Worley" <stkguru@bellsouth.net> > Date: Sat, 20 Jul 2002 23:10:48 -0400 > > that 1% change means a 36% growth in a weak and recovering economy. snip > Put it in perspective, if you believed your present cash for > investing would go up 36% this year if invested, would you still be > in cash? > From: "zillagirl" <zillagirl@email.msn.com> > Date: Sat, 20 Jul 2002 19:37:54 -0700 > > Thanks Tom for providing insight about these things for those of > us that know that are relevant but not sure to what degree. I > would have thought that 1 % was not much but you use the term > sizable increase. Helps to see things more clearly. zillagirl, I agree with you. An increase of 36% of the rate of growth is not equivalent to 36% growth (of GDP, cash, or whatever). - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Date): [CANSLIM] Rebuilding Process - When Will It Begin Gene Ricci
Articles sorted by: [Date]
[Author]
[Subject]