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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 687.86-0.4%Dec 29 4:00 PM EST
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To: HairBall who wrote (41055)2/23/2000 1:10:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
LG, i only heard the first 30 minutes or so...note i said SOME were clueless, not all. of course Greenspan as usual proved to be the master of obfuscation. however, he's become quite blunt in his warnings to the stock market. he more or less said he's going to raise rates until the stock market gives in.
interestingly that led some WS analysts to conclude one should buy more high p/e stocks. go figure.

regards,

hb
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