Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (6145)	5/21/2000 12:24:00 PM
From: Mao II	Read Replies (2) of 13094

Jim: Im not sure I would go along with the "necessary" in your comments. Necessary for what? Fed impact on energy, for instance, is indirect and -- not to coin a phrase -- crude. Fed impact on healthcare, a potential serious inflation thread, is again, indirect and blunt. The same can be said for basic materials. Wage inflation is minimal virtually across the board. The one area where the fed can have a big impact is on the cost of US goods overseas. It seems quite clear that we are seeing the set up for recession, which is the way it always ends, isnt it? M2

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