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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 694.04+0.7%Jan 9 4:00 PM EST

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To: HairBall who wrote (1)12/2/1998 10:51:00 PM
From: Gersh Avery   of 99985
 
LG .. Your mail box must be overflowing.

This looks like it'll be a great thread.

An FA tid bit:

I'm expecting to see the market drop for a little while here. If it does then:

Lately there has been a linkage between US consumer spending and the stock market. When the market is up, the US consumer spends his/her profits from the IRA by way of putting on more debt on the credit card.

So what's this got to do with the price of tea??

Well .. there has been word floating around that retailers are supposed to have the best Christmas shopping season ever this year.

If the market is down during the holiday season, that perception will have to be changed hard and fast.

For what it's worth...

Gersh
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