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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.57

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Dec 10 4:00 PM EST

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To: Lee Lichterman III who wrote (31880)	10/29/1999 7:38:00 PM
From: pater tenebrarum	Read Replies (3) of 99985

Lee, one very strange thing happened today: the dollar index actually fell in the midst of the euphoria...are the bond and the dollar trying to tell us something? (i.e. economic slowdown in the offing?) if so, will that be good or bad for stocks? i'm not sure about that one yet, but if the economy were to suddenly fall off a cliff (i know, sounds very unlikely) it would not be good... how could it possibly happen? consumers and corporations may have reached the limit of their borrowing capacity...that's what happened in '29 (sorry! <gg>). regards, hb

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