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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.03+1.0%Nov 21 4:00 PM EST

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To: bobby beara who wrote (35495)12/20/1999 7:15:00 PM
From: Lucretius  Read Replies (2) of 99985
 
the fed has taken the whole system to the brink w/ its continual bailouts and printing... you can see where the jam jobs have occurred. the first was obviously the 3 rate cuts in 1998 that broke us back UP thru a key trendline in a vertical line, then we got it again in late Oct when the fed started doing coupon passes every other day and jammed us back thru that same key trendline (also a vertical move).... you can see that the rally since October is simply a miniature version of the largeer bubble rally since Oct of 1998.. a fed printathon bubble within a bubble within the LARGER bubble formed in 1995..... this time there will be no stopping it. the bond and t-bills should go into a complete crash tomorrow when the fed morons do nothing, then stocks should follow the week after or a couple weeks into the new yr depedning on how stupid bubble particpants are and how long it takes them to figure out that a Fed prinitng money does nothing but postpone the inevitable thus making it FAR FAR worse when it hits....

this bull is FINISHED. prepare for a complete financial and economic disaster...

end of story... write it down and date it.
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