MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

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Nov 19 4:00 PM EST

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To: The Ox who wrote (57445)	7/31/2000 4:49:23 AM
From: blankmind	Read Replies (4) of 99985

Looking at the big picture, I can see the markets swooning but then going up sharply: - $3 bill net inflows in to equity funds last week - almost every week this year there's been a net inflow - baby boomers continue to sock away for their retirement - Supply of stock available continues to dwindle due to stock buybacks by the Allstate's, MSFT's, Aetna's, Bear Stearns, and others - Short interest is at a record or near-record high - 30 year bond a paltry 6.0% or so - George W. Bush & Dick Cheney about to be elected in November

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