Zeev's Turnips Patch-No Politics (ZEEV)

[Lane Hall-Witt]

A few eye-catchers this morning:

(1) They're ramping gold. Strange divergence -- because of this shooting in Jordan?

http://www.kitco.com/charts/livegold.html

(2) DRAM prices are exploding: DDR has been hot for a few weeks, but SDRAM is now getting in on the act, too. Along these lines, look at the huge move DELL has been making.

http://www.dramexchange.com/default.asp

(3) IBM just announced zero-down, zero-payments, zero-interest until 2003 financing for mid-size and large enterprise customers. What is that telling us about the IT business environment right now?

http://biz.yahoo.com/bw/021028/282304_1.html

(4) So the Fed is going to cut interest rates again -- and this is supposed to be good news?

http://www.washingtonpost.com/wp-dyn/articles/A19446-2002Oct25.html