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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: bobby beara who wrote (22902)8/12/1999 6:45:00 PM
From: Joan Osland Graffius  Read Replies (3) of 99985
 
bb, >>i think the poster is sour grapes wrong and the recent correction in the market has less to do with Greenspan and more to do with liquidity in both stocks and bonds.

What observations are you making that think we are having liquidity problems? In my opinion the system seems to be working, and it looks to me like the potential buyers want to buy at lower prices; or creditors are willing to make loans at higher rates.

Joan
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