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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 687.72+0.7%Jan 5 4:00 PM EST

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To: Les H who wrote (43967)3/24/2000 10:04:00 AM
From: sandeep   of 99985
 
Actually, I believe that Greenspan will win eventually. Looking at the housing prices, I feel that people are using the wealth generated in the stock market to consume more than they should. So, I agree with Greenspan that at least that wealth transference needs to be curbed. Maybe is hoping that the stock market can go up/stay at this level, but people stop spending the profits outside the market...
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