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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 660.19-0.8%4:00 PM EST
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To: KM who wrote (36140)12/29/1999 11:57:00 AM
From: pater tenebrarum  Read Replies (2) of 99985
 
Truff, Cramer is basically right, but wrong in one crucial respect: it is already too late. the bubble has inflated too far. it doesn't matter whether the Fed will step up to slow it down (fat chance...they'll never ever do that) or not. it will end like all bubbles before it, only the severity of the resulting economic consequences remains open to debate imo.

hb
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