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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: t2 who wrote (76800)	5/10/2001 8:28:25 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

NV, the reason is quite simple over 1 million people were laid off ........... for them it is DEPRESSION and for their neighbors and colleges at work ........... it is RECESSION. Savings are negative so if one needs to live and is unemployed he sells stocks, the other in fear to lose his job starts to save CASH ............. just simple solutions. Further the ones not working do not pay toward their pension plans or 401K ......... double whamy BWDIK Haim

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