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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.56

-1.5%

4:00 PM EST

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To: pater tenebrarum who wrote (25503)	9/10/1999 6:46:00 PM
From: Cathedra	Read Replies (1) of 99985

I agree with you, heinz, that the PPI numbers do not merit such cheer. But I think the pullback will come sooner. At the risk of violating LG's ground rules, I suspect that next week's CPI release will provide the excuse for "selling on the news," and things could get ugly, especially to those who put their faith in the market's willingness these past two sessions to ignore all warning signs. I remember all too well what happened after August 25th.

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