MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 694.04

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Jan 9 4:00 PM EST

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To: Boplicity who wrote (80407)	7/25/2001 11:45:43 PM
From: chojiro	Read Replies (1) of 99985

Sorry for getting back to you so late. Thank you for the well thought out response. Is it your belief than that tech will be what pulls us out of this bear market? It's my understanding that consumer spending it the only thing keeping the US economy afloat. If that s dries up, are you assuming corp exp. will pick up the flack? Interestingly, in Japan, people save, and that is perhaps part of the reason Japan economy is suffering. But I heard(correct me please if I am in error) that the average household in the USA now carries something like $14000 in CC balance monthly. That equates to no less than $300/month in interest alone. How can corp(tech) spending be justified if the consumer runs out of money?

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