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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.17

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Dec 11 4:00 PM EST

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To: Benkea who wrote (30830)	10/20/1999 8:12:00 PM
From: Terry Whitman	Read Replies (1) of 99985

But based on our model on the budget surplus and an inflation rate of about 2.5 percent, which I think will be sustainable, bond yields should be at 5 percent to be in equilibrium with these fundamentals Someone go knock her up side the head and tell her to lay off the GLUE. If inflation is 2.5% I'll eat my sneaker. To top it off: What friggin budget surplus?- it's a mirage, anyone with the brains of Jethro Bodine knows that. <ng>

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