MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 684.39

+0.1%

Dec 4 4:00 PM EST

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To: Boplicity who wrote (78775)	6/15/2001 10:40:43 AM
From: William Hunt	Read Replies (1) of 99985

Boplicity ---that note emphasis is that what is happening to the market is that economic activity is declining . Even though it is hitting the telecom equipment providers hard is says volume about the state of the economy . The Squawk box boneheads were talking that the FED is worrying about inflation with all the interest rate cuts ( too much growth ahead ). Does not seem like they have had much effect . If you look at the Bridge CRB Index it is down about 8% in the past year ---except for oil inflation is dead . Since the FED is responsible for growing the economy i wonder what they will do next ? BEST WISHES BILL Without productivity their is now way out of the ditch the FED has led us into ---without technology their will be no long lasting increases in productivity ( layoffs have only short term effects )

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