MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

Nov 18 4:00 PM EST

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To: HairBall who started this subject	3/12/2001 10:30:19 AM
From: jmootx	Read Replies (4) of 99985

Greenspan better act Or he is going to send us into a Japan spiral. So far my value is holding up fine. But now my call on 1973-74 comparisons are falling fast. Many stochastic indicators are sitting at zero. Even 1929 had bounces at these levels. So this is unchartered territory. The Maestro or the Great Idiot?? Remember he waited too long to raise rates or didn't raise rates 1995-1999 now like getting the surplus he wants equity valuations back down in a swoop. And he wants to get rid of the Treasury Debt. Looks like gold might be king again. Like corporate issues will work. Got to call Bob Woodward and get a new revision.

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