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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 691.72-0.1%Jan 16 4:00 PM EST
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To: HairBall who wrote (48330)4/27/2000 9:23:00 AM
From: lawdog  Read Replies (1) of 99985
 
LG, how could the market have not priced this in to some degree. I mean, with all these record earnings and such from consumers and cyclicals combined with the reduced ability to print money for the payment of salaries this was clearly a huge risk. So much for efficient markets <g>.

This is going to get really ugly. Glad I'm mostly cash.
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