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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: pater tenebrarum who wrote (22956)	8/13/1999 11:26:00 AM
From: Haim R. Branisteanu	Read Replies (2) of 99985

Heinz, in the US under this administration collecting economic data and then processing it is an art <GG> That is why the bond market does not trust the numbers there is no hype there. The bond market is pricing a 3% to 3.5% inflation for the whole nation. Aside the PPI does not reflect inflation in services which can not be imported. Services inflation in the US is around 6%. Further the CPI and PPI do not account for housing prices which rose an average of 5.5% this year. Further see the unadjusted Year to Year numbers they tell the story - inflation even moderate is perking up. As to the stock market all the F@#king as#@#le were given time to make their point on CNBC to promote buying stocks. This channel is a disgrace to humanity. In the WSJ there is an article regarding BA were the machinist realized that BA are trying to engage in the robbery of their pension plan. This may result in a strike as BA does not want to give up control. Did they mention it on CNBC for sure not - Ted David were is proper reporting?? Oh yes BA pays for advertising not their employees. I wish that other employees should take control of their pension plans and not let their corporation rob them. The idiots at IBM did not go to strike for that now they will suffer- they deserve it!! I am out from the market exactly because of that and trade only debt instruments. Haim

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