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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.97

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Nov 7 4:00 PM EST

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To: HairBall who started this subject	8/11/2000 9:24:08 PM
From: XBrit	Read Replies (2) of 99985

Mr Moto did a stealth update on Tuesday apparently... piraz.com Can anybody who understands this stuff please try to summarize what he's saying? I THINK he's saying that his previous perception that the money supply growth was dramatically contracting, may now be wrong... but I'm not sure I follow the reasoning. My undestanding was that MZM was the most favored measure, and that still clearly shows rapidly decreasing growth. So why is he suddenly focussing on M3?

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