SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JDinBaltimore who wrote (34312)11/27/1999 3:50:00 PM
From: cary garner  Read Replies (1) of 99985
 
to all

any market direction analysis must consider this:

biz.yahoo.com

note the increase in m3. until easy al and the treasury turn off the money faucet this market is going up --sideways at the worst.

the increases in the money supply starting in 10/98 and up to now have massive. the last two mo. have seen even more liquidity pumped into the system. easy al won't let this bubble pop before jan 2000 (or later )for proof look how he flooded the market with liquidity during the market lows in oct.

seems like classic inflation to me-- too much money chasing too few equities.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext