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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.00

+0.2%

Nov 11 4:00 PM EST

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To: Terry Whitman who wrote (34109)	11/24/1999 2:27:00 PM
From: pater tenebrarum	Read Replies (2) of 99985

Terry, i believe we can all agree that this is an unprecedented bout of speculation...and i am astounded that it doesn't elicit more concern. anyway, re. gold, while i like the fact that every downswing is met with fresh buying, i don't like it that we are rising into the BoE auction. i'd prefer it if players were a bit more cautious ahead of it. nevertheless, the Fed's manic printing exercise on top of a runaway economy basically assures us of good times ahead for hard assets. regards, hb

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