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Re: federal reserves post# 210304

Thursday, 02/26/2004 5:02:15 PM

Thursday, February 26, 2004 5:02:15 PM

Post# of 704048
Fed Reserves: Around my way home [prices] are not down, they are up sharply. It really depends where you are talking about. The CPI spiked but much of it was due to seasonal cold weather. Auto sales are doing nicely around my way, though I'm sure you're right that there are areas where auto sales are not doing well. Some rtail sales are down, others are up. I have the feeling that you've come to a conclusion and then seek, and find, things that tend to support your conclusions. I feel that this is not helpful to trading. Sorry, but there it is.

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