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Strategies & Market Trends : MDA - Market Direction Analysis

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Jan 12 4:00 PM EST

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To: Tunica Albuginea who wrote (70553)	2/26/2001 9:31:23 PM
From: bobby beara	Read Replies (1) of 99985

TA, he/she dood -g-, consumer confidence, which was at it's highest level since the 60's, way higher than the last peak in 87 - since the "new economy" started in 96 -g-, did a rising wedgie from the 98 low on da charts, and for wavers did a he/she five waves up from the 90 bear and broke down from that wedge below the 98 low. also for he/she type people, the consumer confidence chart has three drives up from the stag only bear market of 74, with 1 into 76, 2 into 87, and 3 into 2000. something along this doods 13 year cycle ttheory.com >>>>the great economic boom we witnessed in the right side of this S&P T (that is from 1987 to 2000) was greatly enhanced by the consistent 12 year flow of high stock market gains that contributed to an overly enhanced "wealth effect" for most consumers. These gains have probably let so many live well far enough beyond their basic means for the last decade, that their basic economic behavior has been modified to a state of completely unsustainable expectations.>>>

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