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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.72+0.4%4:00 PM EST

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To: pater tenebrarum who wrote (26707)9/22/1999 6:01:00 PM
From: bobby is sleepless in seattle  Read Replies (1) of 99985
 
re:cranking the presses...

watched an interesting segment on Y2K defensive posturing by the feds...the printing presses are running as we speak...if we have ONLY 1-1 1/2 percent of the folks deciding to cash in ther chips prior to close of the year, there is not enough money available to meet the demand today...cranked they are.

and if the third world countries are not compliant, what will the trickle down (up) effect be? If the machines aren't working, nor are the people running them, cuz they've been sent home for the day(s)...

made me think about one time bomb that could send our markets into a tizzy...as I remain a full fledged bull, with a careful eye on the indicators...and soon Y2K effect.
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