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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

4:00 PM EST

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To: jmanvegas who wrote (67939)	1/30/2001 4:53:52 PM
From: Elroy Jetson	Read Replies (2) of 99985

Wow! With the market only over-valued by 10% you think the Fed should do a 100 basis point cut and goose up the money supply even more to show they mean business. What's the goal of this monkey-business? Send the market up to 200% over-valued to surpass last year's 85% over-valuation? Our current period of post Cold War deflation just needs to be worked off. I don't think the Fed's money-inflation policy is going to change anything in the long run. All it does is postpone the inevitable and give you a shot at a Japan or Weimar Republic result.

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