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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: pater tenebrarum who wrote (23872)	8/26/1999 7:42:00 PM
From: Haim R. Branisteanu	Read Replies (2) of 99985

Heinz, it is interesting how things pan out.- On the Chicken page I was writing about stagflation for a while. Inflation indexed bonds point to 3% to 3.5% inflation and the GDP came out 1.8% for Q2 down 0.5% from the first report. The lower GDP is just one indication that productivity is not as advertised but lower. - e.g output is actual lower than anticipated but prices are higher. So much for accurate and timely government reporting. IMHO matters will not get better. As to the market WHO CARES WE ARE BULLS <G> BWDIK Haim

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