MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 687.57

+0.7%

Dec 10 4:00 PM EST

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To: Jacob Snyder who wrote (50982)	5/16/2000 3:16:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

Jacob, this market has very little connection with rationality...i wouldn't base trades on the hope that it will make a comeback. as to whether the stocks you have listed are over- or undervalued, that is debatable. i agree the economy won't show signs of slowing soon...the government has recently increased its spending massively in view of the upcoming election. so the supply/demand imbalances will remain right where they are for the foreseeable future. i still think though that once the overheating economy DOES slow down, it will do so surprisingly fast.... regards, hb

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