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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 684.45+0.1%4:00 PM EST

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To: High-Tech East who wrote (83609)1/2/2003 1:15:06 PM
From: Tom Pulley  Read Replies (1) of 99985
 
Ken, that's a gloomy outlook but you may be right. Given that you've been bearish since January 2000, your prediction carries some weight.

How do you come to your opinion that there will be higher unemployment and higher interest rates in the future. My recollection of prior periods when unemployment goes up (and the economy is weak), interest rates come down.

As far as "one or more moderate Republicans making a successful challenge against George W Bush in early 2004........does that imply you don't think Bush is moderate? (g)

Tom
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