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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: Ron Mitchell who wrote (53496)6/9/2000 8:56:00 AM
From: Tunica Albuginea  Read Replies (1) of 99985
 
Ron Mitchell, the crash of 87 as I remember off the top of my
head was not caused by interest rate hikes but rather
by Government " talk " ( by Sen.Mitchell? and Reagan's side
kick Baker )to start protectionist trade fees.

This time we are looking at a slowing economy with
slowing earnings
.If earnings are disappointing
is the market going to go up?

TA

Message #53496 from Ron Mitchell at Jun 9, 2000 6:24 AM ET
Tunica, the '87 stock market crash was not followed by a recession. A recession later this year is a distinct possibility, but not a certainty.
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