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The recent sharp run-up may imply years of price declines or meager increases.
Now, after a sharp run-up, prices show signs of topping out.
It was considering relaxing its rules for index traders early last year before the sharp run-up in commodity prices.
But the department pointed out that half the gain reflected a sharp run-up in food and energy costs as a result of unusually cold weather last December.
Much of the day's activity centered on the Japanese yen, which declined on profit taking after a sharp run-up in recent days.
DESPITE the sharp run-up of prices during the strong 1985 stock market, analysts say many bargains can still be found among growth issues.
Similar(22)
Barrick has been a distressed seller of assets, and the sharp run up of African Barrick as it works to turn its business around headed up by new management clearly opens the door to sell some of Barrick's holding.
Other Washington lawmakers also turned up the heat this week on the investors they blame for sharp run-ups in food and energy prices.
As for leading regional firms, he said valuations for Legg Mason of Baltimore and A. G. Edwards of St . Louis"are not particularly outrageous," despite sharp run-ups.
But the current fashionable policy combination of heavy fiscal stimulus, extraordinary liquidity measures and interest rates below the level of inflation have caused sharp run-ups in global commodity, bond and stock prices.
Natural resource and commodity funds are other places not to be after recent sharp run-ups.
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