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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

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Nov 7 4:00 PM EST

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To: Les H who wrote (40512)	2/17/2000 10:05:00 PM
From: Zeev Hed	Read Replies (3) of 99985

Les, what surprised me the most is that AG did not mention the dangers in the doubling of our trade deficit in the last two years (from an annual rate in the $120 Billions to twice as much, and feel free to correct these numbers). I wonder if anyone else sees dangers in that situation. It is a "lose lose" situation, if we go back to lower trade deficit, the reviving economies in the east will suffer, if we do not, we are undermining our own economic well being. Zeev

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