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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.70+0.7%4:00 PM EST

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To: HairBall who started this subject11/28/2000 3:44:26 AM
From: jkidmann   of 99985
 
This is a broad opinion.

The growth in the economy in the past five years has come to a resting point. Such a climb as this, we all must rest. The consumer cannot fork out the money that he does not have. The price of living is a little tough now he spent too much. He also has his eyes on bigger things. Do we all want to see how high the DJIA will go? I think yes. I do not support much of a minimum wage increase. I believe society could even itself out. If people worked hard, got better jobs, they would have more money. All the McDonalds, er and such, would get more business, more money for wages to keep their employees from looking for a better job. Minimum wage increase would put money in the pocket easier, less hard work, that would serve no progress in the economy. Let the election be resolved soon.
To the point. Just let the market catch it's breath, little heaves up and down. This bear may have it's bit, but I know the bull is just resting. The more people that get into this the more money in it. Just relax on what you got and wait. jkidmann@yahoo.com
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