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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: willcousa who wrote (50909)5/16/2000 11:46:00 AM
From: el paradisio  Read Replies (2) of 99985
 
Willcousa,I am taking it seriously, but the downside momentum is over for now.
What I am concern is the CPI.
No matter how many electronic accessories consumers will buy,that can't overweight the current oil price and salaries increase.
The price of computers,TV... has already reached the bottom.
I also agree that the current Fed action is very close connected with the election coming soon.
el
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