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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 677.48

+0.3%

Nov 5 4:00 PM EST

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To: Crimson Ghost who wrote (43266)	3/16/2000 1:10:00 PM
From: Tunica Albuginea	Read Replies (1) of 99985

George Cole: I am glad to hear that " price pressures will moderate later this year as OPEC opens up the taps ". That will be just in time to start the 2nd round of fireworks: Exploding healthcare costs. Hospitals are closing in record rates.Only the strong and big ones are surviving. The problem is that that is not enough beds.So we have several days of Emerg. Room closings. Next November, with the flu season it will explode. At the point, the few surviving big Hospitals and any few healthy HMOs left ( most are folding at record rates or raising prices ), will start raising prices big time and sticking it to the New Economy, AND the OLD Economy . Coupled with Winter oil costs, if theBubble hasn't burst by then it will definitely be buried in the snow, just MHO, :-) TA Message #43266 from George S. Cole at Mar 16 2000 9:03AM Whatever the real inflation figures (and I agree the official numbers seriously understate inflation) price pressures will moderate later this year as OPEC opens up the taps. That is what is driving this rally in old economy stocks.

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