MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 685.66

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Dec 5 4:00 PM EST

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To: donald sew who wrote (32805)	11/8/1999 1:14:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

Donald, this market is just as nuts as nuts it can get. The manipulation and collusion is just unbelievable in size as reflected in price move of the stocks in play. There is not investing but pure gambling. Just see the intraday charts of several "Love Stocks". Even that oil is advancing steady I am subscribing to a recession which is presently masked by the stock market manipulation, but reflected in prices of retail stocks were sales data are delivered weekly. It is obvious by now that we entered a period of Stagflation, which is more damaging to financial assets than inflation as profits will slide and interest rates will rise. The question is wen will the general public be aware of it and the anticipated results? After that I anticipate just plain destruction by deflation of financial assets. The FIG data only reinforces my assumptions. BWDIK Haim

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