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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.92

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Nov 7 4:00 PM EST

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To: marginmike who wrote (65121)	12/23/2000 4:00:45 PM
From: KyrosL	Read Replies (1) of 99985

How can you assume that Europe will be fine if America has a massive recession? A deep recession in America will cause a depression in both Europe and Asia. America has much better chances than Europe to recover quickly from a recession in terms of demographics, public finances, and cultural attitudes. If you expect a depression in America, I think you are better off buying guns, freeze dried food, and a bunker in Montana, rather than Euros. Kyros

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