MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

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To: FrozenZ who wrote (75194)	4/17/2001 6:41:31 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

Frozen, I am clueless today more than ever. Just can not comprehend two issues. 1. What in the world those chip makers CEO's were thinking wen they invested billion of dollars in new capacity did they make any market and purchasing power survey ? or were they pipe dreaming. 2. After hitting a wall in sales and earnings and evidence is amounting that the world is awash in debt and no money is left for new purchases and people in the US are fired by the thousands almost daily are those WS speculator types anticipating rosier times and bid stock 5% to 8% higher in one day. May be I need a beer or two to clear my thinking and understand the future better. BWDIK Haim

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