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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (33672)1/26/2000 3:31:00 PM
From: Doug R  Read Replies (2) of 79237
 
Very nice....

Greenspan just mentioned the S curve in reference to productivity gains achieved by advances in technology. He basically pointed out that he still assumes the curve is in the "sweet spot". Wow...he's paying attention to Dent.
He's leaning toward capitulation on his hawkish stance on interest rates (the upcoming token hike notwithstanding).
Coupled with the recent 10 yr/30 yr rate inversion, it is becoming clear that another "drastic" downturn in interest rates will begin in 6 to 8 months.

Remain bullish,
Doug R
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