MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GROUND ZERO™ who wrote (22807)	8/12/1999 7:33:00 AM
From: Michael Watkins	Read Replies (1) of 99985

GZ I think Crystal Ball (is he/she " riceen.com " ?) has a bit too much passion in his opinion of economics to remain objective. But that is my opinion only... Especially since his arguement is based on the Beige Book, which based on my limited understanding, is generally not truly market moving partly because it is 1-annecdotal and 2-mostly looking back in time. I'm no economist but I remain on alert. Too many price shocks make life kind for a while, they all seem to be going away. Plus rate of change in cost indicators is increasing, productivity may / appears to be decreasing. This situation is pretty much exactly what Greenspan highlighted as his foremost concern. He also seems to speak of heading off inflation, not waiting for it to be obvious, therefore I assume that leading indicators will have additional weight. I don't think we are out of the water yet.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next