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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.70+0.7%Nov 26 4:00 PM EST

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To: Jordan Levitt who wrote (67373)1/20/2001 10:51:37 PM
From: Square_Dealings  Read Replies (1) of 99985
 
"oil is rolling over, zero signs of inflation ex-energy.."

Where have I heard that before? - gold is dead, oil prices are going to tank, bank loans aren't a problem

CPI was up, ex- energy, last time I checked and oil surely isn't rolling over.

quotes.ino.com

My point is this time the Fed is pumping up the bubble even bigger, the bubble is the credit bubble that Bill Clinton left behind. Tech stock prices have deflated but the credit bubble is still at an all time high and growing weekly as the economy is slowing. When the credit bubble bursts (as it could be triggered by the energy crisis), then look out below.

M.
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