MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 675.37

-1.2%

4:00 PM EST

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To: Crimson Ghost who wrote (38452)	1/28/2000 7:37:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

well, she never saw a market mania she didn't like. i find her confidence amusing...after a 17-year bull market everybody thinks they're a genius it seems. like "there WILL BE NO cyclical slowdown in the U.S. economy". how the hell does she know? i have yet to see a slowdown or recession that was predicted by an economist, not to mention a WS 'strategist'. since the yield curve is in the process of inverting, while long term corporate bond yields haven't come down one iota, the odds of a slowdown or even a recession have vastly increased. as usual, the market and the economy will fool the maximum number of people... to think that one can predict what the stock market will do based on CURRENT economic data is the height of foolishness....

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