Go to Jeff Salisbury LWGate Home Page.From: "Lonnie Brauner" <lonnie@hal-pc.org>
Subject: RE: [CANSLIM] Sounds like inflation ahead to me!
Date: Thu, 19 Jun 2003 21:14:12 -0500
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This is OT - Off Topic! Please... and, thanks for taking this
elsewhere! Lonnie
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of docdoer
Sent: Thursday, June 19, 2003 8:32 PM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] Sounds like inflation ahead to me!
Hi, Fred:
Yes, the odds are very good that inflation lies ahead. I truly believe
that our esteemed, beloved, and powerful [all meant in a sarcastic way]
President will figure a way to keep the market generally horizontal if
not vertical. Perhaps he will continue his "Crusade" [his word, not
mine] with two or three more wars with Mid-East states so that all of
our citizens have good jobs manufacturing munitions. Or perhaps once he
knows that no-one besides us has any "weapons of mass destruction" our
country will start selling them overseas to make up some of the deficit.
And since so much of our manufacturing continues to move overseas, he
may simply deport every citizen under the poverty line to Uzbeckistan so
that he can honestly say everyone in the US is financially well off
under his presidency. And obviously, he knows the country can't run out
of cash because he just prints more. I guess eventually it'll take 90
billion to buy a loaf of bread.....
Jer
- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Fred Richards
Sent: Thursday, June 19, 2003 7:04 PM
To: canslim@lists.xmission.com
Subject: [CANSLIM] Sounds like inflation ahead to me!
The U.S. Treasury announced an as-expected budget deficit of $90.5
billion in May. Year-to-date, the budget deficit stands at $292.1
billion vs. $145.4 billion in the year-ago period. Both individual and
corporate tax receipts are sharply lower than a year ago, reflecting
declining payrolls and soft business conditions. Government spending is
high, especially for defense and Medicare.
- ---------------------
Wonder how long it will take the foreign investors to panic? And when
they do, will the market continue on its way up?
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<DIV><SPAN class=3D015091302-20062003><FONT face=3D"Comic Sans MS" =
color=3D#0000ff=20
size=3D2><STRONG>This is OT - Off Topic! Please... and, thanks for =
taking=20
this elsewhere! Lonnie</STRONG></FONT></SPAN></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV> </DIV>
<BLOCKQUOTE dir=3Dltr style=3D"MARGIN-RIGHT: 0px">
<DIV></DIV>
<DIV class=3DOutlookMessageHeader lang=3Den-us dir=3Dltr =
align=3Dleft><FONT=20
face=3DTahoma size=3D2>-----Original Message-----<BR><B>From:</B>=20
owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]=20
<B>On Behalf Of </B>docdoer<BR><B>Sent:</B> Thursday, June 19, 2003 =
8:32=20
PM<BR><B>To:</B> canslim@lists.xmission.com<BR><B>Subject:</B> RE: =
[CANSLIM]=20
Sounds like inflation ahead to me!<BR><BR></FONT></DIV>
<DIV class=3DSection1>
<P class=3DMsoNormal><SPAN class=3DEmailStyle15><B><FONT face=3DArial =
color=3Dnavy=20
size=3D3><SPAN=20
style=3D"FONT-WEIGHT: bold; FONT-SIZE: 12pt; mso-ansi-font-size: =
12.0pt">Hi,=20
Fred:<o:p></o:p></SPAN></FONT></B></SPAN></P>
<P class=3DMsoNormal><SPAN class=3DEmailStyle15><B><FONT face=3DArial =
color=3Dnavy=20
size=3D3><SPAN=20
style=3D"FONT-WEIGHT: bold; FONT-SIZE: 12pt; mso-ansi-font-size: =
12.0pt">Yes,=20
the odds are very good that inflation lies ahead.<SPAN=20
style=3D"mso-spacerun: yes"> </SPAN>I truly believe that our =
esteemed,=20
beloved, and powerful [all meant in a sarcastic way] President will =
figure a=20
way to keep the market generally horizontal if not vertical.<SPAN=20
style=3D"mso-spacerun: yes"> </SPAN>Perhaps he will continue his =
“Crusade”=20
[his word, not mine] with two or three more wars with Mid-East states =
so that=20
all of our citizens have good jobs manufacturing munitions.<SPAN=20
style=3D"mso-spacerun: yes"> </SPAN>Or perhaps once he knows =
that no-one=20
besides us has any “weapons of mass destruction” our =
country will start=20
selling them overseas to make up some of the deficit.<SPAN=20
style=3D"mso-spacerun: yes"> </SPAN>And since so much of our =
manufacturing=20
continues to move overseas, he may simply deport every citizen under =
the=20
poverty line to Uzbeckistan so that he can honestly say everyone in =
the US is=20
financially well off under his presidency.<SPAN=20
style=3D"mso-spacerun: yes"> </SPAN>And obviously, he knows the =
country=20
can’t run out of cash because he just prints more.<SPAN=20
style=3D"mso-spacerun: yes"> </SPAN>I guess eventually =
it’ll take 90=20
billion to buy a loaf of =
bread………….<o:p></o:p></SPAN></FONT></B></SPAN></P=
>
<P class=3DMsoNormal><SPAN class=3DEmailStyle15><B><FONT face=3DArial =
color=3Dnavy=20
size=3D3><SPAN=20
style=3D"FONT-WEIGHT: bold; FONT-SIZE: 12pt; mso-ansi-font-size: =
12.0pt"><![if =
!supportEmptyParas]><![endif]> <o:p></o:p></SPAN></FONT></B></SPAN><=
/P>
<P class=3DMsoNormal><SPAN class=3DEmailStyle15><B><FONT face=3DArial =
color=3Dnavy=20
size=3D3><SPAN=20
style=3D"FONT-WEIGHT: bold; FONT-SIZE: 12pt; mso-ansi-font-size: =
12.0pt">Jer<o:p></o:p></SPAN></FONT></B></SPAN></P>
<P class=3DMsoNormal><SPAN class=3DEmailStyle15><FONT face=3DArial =
color=3Dnavy=20
size=3D2><SPAN style=3D"FONT-SIZE: 10pt; mso-bidi-font-size: =
12.0pt"><![if =
!supportEmptyParas]><![endif]> <o:p></o:p></SPAN></FONT></SPAN></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DTahoma =
color=3Dblack=20
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: =
Tahoma">-----Original=20
Message-----<BR><B><SPAN style=3D"FONT-WEIGHT: bold">From:</SPAN></B>=20
owner-canslim@lists.xmission.com=20
[mailto:owner-canslim@lists.xmission.com]<B><SPAN =
style=3D"FONT-WEIGHT: bold">On=20
Behalf Of </SPAN></B>Fred Richards<BR><B><SPAN=20
style=3D"FONT-WEIGHT: bold">Sent:</SPAN></B> Thursday, June 19, 2003 =
7:04=20
PM<BR><B><SPAN style=3D"FONT-WEIGHT: bold">To:</SPAN></B>=20
canslim@lists.xmission.com<BR><B><SPAN=20
style=3D"FONT-WEIGHT: bold">Subject:</SPAN></B> [CANSLIM] Sounds like =
inflation=20
ahead to me!</SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
size=3D3><SPAN=20
style=3D"FONT-SIZE: 12pt"><![if =
!supportEmptyParas]><![endif]> <o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
color=3Dblack=20
size=3D2><SPAN style=3D"FONT-SIZE: 10pt; COLOR: black">The U.S. =
Treasury announced=20
an as-expected budget deficit of $90.5 billion in May. Year-to-date, =
the=20
budget deficit stands at $292.1 billion vs. $145.4 billion in the =
year-ago=20
period. Both individual and corporate tax receipts are sharply lower =
than a=20
year ago, reflecting declining payrolls and soft business conditions.=20
Government spending is high, especially for defense and=20
Medicare.</SPAN></FONT><FONT color=3Dblack><SPAN=20
style=3D"COLOR: black; mso-color-alt: =
windowtext"><o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
color=3Dblack=20
size=3D3><SPAN style=3D"FONT-SIZE: 12pt; COLOR: =
black"> </SPAN></FONT><FONT=20
color=3Dblack><SPAN=20
style=3D"COLOR: black; mso-color-alt: =
windowtext"><o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
color=3Dblack=20
size=3D2><SPAN=20
style=3D"FONT-SIZE: 10pt; COLOR: =
black">---------------------</SPAN></FONT><FONT=20
color=3Dblack><SPAN=20
style=3D"COLOR: black; mso-color-alt: =
windowtext"><o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
color=3Dblack=20
size=3D3><SPAN style=3D"FONT-SIZE: 12pt; COLOR: =
black"> </SPAN></FONT><FONT=20
color=3Dblack><SPAN=20
style=3D"COLOR: black; mso-color-alt: =
windowtext"><o:p></o:p></SPAN></FONT></P>
<P class=3DMsoNormal style=3D"MARGIN-LEFT: 0.5in"><FONT face=3DArial =
color=3Dblack=20
size=3D2><SPAN style=3D"FONT-SIZE: 10pt; COLOR: black">Wonder how long =
it will=20
take the foreign investors to panic? And when they do, will the =
market=20
continue on its way up?</SPAN></FONT><FONT color=3Dblack><SPAN=20
style=3D"COLOR: black; mso-color-alt: =
windowtext"><o:p></o:p></SPAN></FONT></P></DIV></BLOCKQUOTE></BODY></HTML=
>
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Next Article (by Author): RE: [CANSLIM] Sounds like inflation ahead to me! "Robin Gridley"
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