Go to Jeff Salisbury LWGate Home Page.From: "docdoer" <docdoer@swbell.net>
Subject: RE: [CANSLIM] Sounds like inflation ahead to me!
Date: Thu, 19 Jun 2003 20:31:41 -0500
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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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<p class=3DMsoNormal><span class=3DEmailStyle15><b><font size=3D3 =
color=3Dnavy
face=3DArial><span =
style=3D'font-size:12.0pt;mso-ansi-font-size:12.0pt;font-weight:
bold'>Hi, Fred:<o:p></o:p></span></font></b></span></p>
<p class=3DMsoNormal><span class=3DEmailStyle15><b><font size=3D3 =
color=3Dnavy
face=3DArial><span =
style=3D'font-size:12.0pt;mso-ansi-font-size:12.0pt;font-weight:
bold'>Yes, the odds are very good that inflation lies ahead.<span
style=3D"mso-spacerun: yes"> </span>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.<span
style=3D"mso-spacerun: yes"> </span>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.<span
style=3D"mso-spacerun: yes"> </span>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.<span style=3D"mso-spacerun: =
yes">
</span>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.<span style=3D"mso-spacerun: yes"> </span>And =
obviously, he
knows the country can’t run out of cash because he just prints =
more.<span
style=3D"mso-spacerun: yes"> </span>I guess eventually it’ll =
take 90 billion
to buy a loaf of =
bread………….<o:p></o:p></span></font></b></span></p=
>
<p class=3DMsoNormal><span class=3DEmailStyle15><b><font size=3D3 =
color=3Dnavy
face=3DArial><span =
style=3D'font-size:12.0pt;mso-ansi-font-size:12.0pt;font-weight:
bold'><![if =
!supportEmptyParas]> <![endif]><o:p></o:p></span></font></b></span><=
/p>
<p class=3DMsoNormal><span class=3DEmailStyle15><b><font size=3D3 =
color=3Dnavy
face=3DArial><span =
style=3D'font-size:12.0pt;mso-ansi-font-size:12.0pt;font-weight:
bold'>Jer<o:p></o:p></span></font></b></span></p>
<p class=3DMsoNormal><span class=3DEmailStyle15><font size=3D2 =
color=3Dnavy face=3DArial><span
style=3D'font-size:10.0pt;mso-bidi-font-size:12.0pt'><![if =
!supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 =
color=3Dblack
face=3DTahoma><span =
style=3D'font-size:10.0pt;font-family:Tahoma;color:black'>-----Original
Message-----<br>
<b><span style=3D'font-weight:bold'>From:</span></b>
owner-canslim@lists.xmission.com =
[mailto:owner-canslim@lists.xmission.com]<b><span
style=3D'font-weight:bold'>On Behalf Of </span></b>Fred Richards<br>
<b><span style=3D'font-weight:bold'>Sent:</span></b> Thursday, June 19, =
2003 7:04
PM<br>
<b><span style=3D'font-weight:bold'>To:</span></b> =
canslim@lists.xmission.com<br>
<b><span style=3D'font-weight:bold'>Subject:</span></b> [CANSLIM] Sounds =
like
inflation ahead to me!</span></font></p>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
face=3DArial><span
style=3D'font-size:12.0pt'><![if =
!supportEmptyParas]> <![endif]><o:p></o:p></span></font></p>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 =
color=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;color:black'>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.</span></font><font
color=3Dblack><span =
style=3D'color:black;mso-color-alt:windowtext'><o:p></o:p></span></font><=
/p>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
color=3Dblack
face=3DArial><span =
style=3D'font-size:12.0pt;color:black'> </span></font><font
color=3Dblack><span =
style=3D'color:black;mso-color-alt:windowtext'><o:p></o:p></span></font><=
/p>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 =
color=3Dblack
face=3DArial><span =
style=3D'font-size:10.0pt;color:black'>---------------------</span></font=
><font
color=3Dblack><span =
style=3D'color:black;mso-color-alt:windowtext'><o:p></o:p></span></font><=
/p>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D3 =
color=3Dblack
face=3DArial><span =
style=3D'font-size:12.0pt;color:black'> </span></font><font
color=3Dblack><span =
style=3D'color:black;mso-color-alt:windowtext'><o:p></o:p></span></font><=
/p>
<p class=3DMsoNormal style=3D'margin-left:.5in'><font size=3D2 =
color=3Dblack
face=3DArial><span style=3D'font-size:10.0pt;color:black'>Wonder how =
long it will
take the foreign investors to panic? And when they do, will the =
market
continue on its way up?</span></font><font color=3Dblack><span =
style=3D'color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>
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Next Article (by Subject): Re: [CANSLIM] Sounds like inflation ahead to me! "Jonathan Lobatto"
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