MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Uncle Frank who wrote (78410)	6/11/2001 12:11:56 PM
From: KyrosL	Read Replies (1) of 99985

>>What makes you think it will drop? Three reasons: 1. Consumer satiation. In the 90s home ownership among US households rose from 64% to 67%, after being stagnant around 64% during the previous decade. PC ownership rose from 22% to 58%. Cell phones from 2 to 39%. Camcorders from 11% to 40%. Cars from 72% to 76%. Age of cars on the road is at generation lows. 2. Record ratio of debt service to disposable income. 3. Rising unemployment. This combined with 1 and 2 is a lethal mix for consumer spending.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next