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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 12 4:00 PM EST

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To: Wayners who wrote (54863)	6/21/2000 11:26:00 PM
From: Tunica Albuginea	Read Replies (2) of 99985

Wayne Van Scoyoc : "You stop the advance of bubbles instead and allow the economy to grow into the now stagnant valuations. " Will you need Miracle-Gro to grow into the now stagnant valuations or do you think we can do at Mother Nature's natural speed? -gg- TA Message #54863 from Wayne Van Scoyoc at Jun 21, 2000 7:02 PM ET wrongly believing that anecdotal evidence is what macro economic policy should be based on... on the other hand he can't very well rely on the government data , can he? You don't believe the government data and you don't believe the anecdotal data. What do you believe in? Heinz's World. Check your U.S. Government Textbooks. You will see that the Federal Reserve does not run the Bureau of Labor Statitistics or the Department of Commerce. You don't kill bubbles anyways thats the stupid approach learned by the Fed in 1929 to 1932....and who's policy will not be repeated. You stop the advance of bubbles instead and allow the economy to grow into the now stagnant valuations. .

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