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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.89+0.3%Oct 31 5:00 PM EST

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To: HairBall who wrote ()6/8/2000 1:58:00 PM
From: shamsaee  Read Replies (2) of 99985
 
Having read the various doom day forcasts about the US economy and how inflation is rampant,I will just add a few notes here.I am in London writing this post and having spent the day with a good friend at a securities firm and shopped a little bit,I immidiately realized one thing.The US is by far the cheapest place in the modern world from housing to food to clothing to transportation and utilities.Last time I checked,those were the major components of ones living expenses.I won't mention health care because any body who can afford private health care here buys one even though they have a National plan that stinks.

Don't take my word for it,travel to Europe for a few weeks and you will be kissing the ground when you are back in the states and appreciate the economy.The prices over here are absurd and Make sure you have lots of cash if you want to enjoy it.

People always have a tendency to knock a good thing and believe the grass is greener on the other side.

Your Truly

Bullish as always

Sham
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