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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.70

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4:00 PM EST

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To: westes who wrote (51853)	5/23/2000 6:19:00 PM
From: westes	Read Replies (1) of 99985

Actually, I'll correct myself. The Fed should have increased margin requirements as the primary tool to fight asset inflation, and they should have started doing this a few years ago when it first got out of hand. I don't think the economy needs many more rate increases to get it slowed down, particularly now since the stock decline will have multiplier effects on people's spending.

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