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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: Les H who wrote (32149)	11/3/1999 12:16:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

Less, if you invested some time in the latest economic reports you will notice that we are entering a slowdown period and possible recession but with firm, to up prices. This is called Stagflation. Worst of all types of economic environment - why thanks to the efforts of WS and this administration. Housing drop 12% but prices go up, manufacturing drops but prices go up, retail sales drop as reflected in the retail stocks but prices remain firm. Healthcare and other services are up, and housing rents are up over 15% this year but not reflected in any statistics. Yep not even your friendly attorney's fees up 25% An more interesting is the fact the WS is recommending not stocks that have value, assets and earnings but only those that move up regardless of earning or realistic future earnings prospects. Why the recommendation?? because it moves up <GG> So far for quality research - playing the market like a fine violin <G> BWDIK Haim

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