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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: bobby beara who wrote (43214)3/15/2000 8:18:00 PM
From: AlanH  Read Replies (1) of 99985
 
bobby, i'd agree...

Let's just speculate that PPI will be "surprisingly high." Who stands to benefit (relatively) from higher cost-of-money? Old economy stocks, with proven credit worthiness; or, highly-leveraged new economy stocks with speculative P/Es?

My guess is that big money has a good hunch as to tomorrow's stats... if so, tech flyers are in for more trouble.

Simplistically Yours,
Alan

ps. Along with other knowns, "old economy" stocks tend to have recognizable (er, repeatable) labor costs.
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