MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: Monty Lenard who wrote (19724)	7/9/1999 9:22:00 AM
From: Haim R. Branisteanu	Read Replies (1) of 99985

Monty the mere fact that all the media hype was around YHOO beating earnings and not GE beating earnings (not to mention AA)only tells you the high speculative environment in this market. I never traded YHOO but this is a symptom. There is an true concept in investing - trade only what you understand, well I admit I do not understand this market neither how they can manipulate stocks. All in treasury bonds, and really worried about the health of the US banking system. To emphasis my suspicion just take a look at 5 year stock market charts of the UK, Korea, Brazil, Hong Kong, China and other countries etc, aside from the US is the economy so much better off or corporate profitability or so much lower interest rates?? Well non of the above just a huge mania orchestrated by various governments with the US in the lead. BWDIK Haim

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