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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.59+0.6%Dec 19 4:00 PM EST

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To: bobby beara who wrote (20757)7/22/1999 1:13:00 PM
From: Roebear  Read Replies (2) of 99985
 
bobby,
I thought this remark by Big Al was quite significant, a not too subtle hint at the end of commodities deflation:

**Much of Greenspan's testimony plowed the old ground of the productivity story and the
limits of that revolution. Among the forces limiting the growth of the economy are
possible labor shortages, higher interest rates due to capital outflows to improving
foreign economies, and end of commodity prices disinflation around the globe.**

Your opinion would be very welcome
BTW, I bought a little PDG this morning, wouldn't do for even a reformed gold bug to miss a rally<VBG>!

Best Regards

Roebear
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