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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.31

-1.1%

Nov 6 4:00 PM EST

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To: Steve Lee who wrote (81483)	8/18/2001 5:43:08 PM
From: t2	Read Replies (2) of 99985

Dream on. Things are getting pretty bad over here (UK). Same for most of Western Europe and now Germany and Scandinavia are feeling it. And in terms of debt, we're nearly as overleveraged as you are. Did individuals in Europe pump their money into the markets the same way as they did in the US? I was hoping things were better over there--not experiencing a negative wealth effect due to a bubble bursting. I guess you guys are just experiencing a "normal" economic downturn unlike the US if my no-bubble assumption is correct. (btw--I changed my last post to not put much hope in Japan leading any recovery)

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