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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

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Nov 26 4:00 PM EST

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To: Zeev Hed who wrote (69538)	2/19/2001 11:23:47 AM
From: LTK007	Read Replies (1) of 99985

zeev said" When prices are increasing rather than decreasing in the automotive sector, things cannot be so bad.....". i have been nursing an unprovable hypothesis that there were sufficient amounts of people who having benefitted excellently from the bull market,took much off the table last year giving them sufficient cash to be giving false signals in car prices and fact of increasing in new housing starts. Such that those cashing out are not looking to put it back in the market but are seeking out hard assets etc. while they have the free money,you get the idea.just a thought.max

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