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Strategies & Market Trends : Charts & Scans

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To: robert b furman who wrote (2864)5/11/2003 10:18:40 AM
From: Jeff Jordan  Read Replies (3) of 5125
 
Hi Bob,

I noticed he drew his tines for the rally, I still see the downtrend only because I don't believe the current spending/debt ratio can continue long. Who's paying more taxes? Certainly not corporate America. It will take some time of steady improvement to get the economy strong enough for 4% growth.

Greenspan is now tending to his imbalances. I would love to see real sustained growth but I don't. Spirts of new money and debt need to be done very wisely by Washington. I have no faith there. But change is happening some for better and worse. Falling Dollars is bad, falling gold is bad when both are happening. We all know gold will rise when/if the Dollar is broken. If it ever lose favor?

....if the charts get serious 8000 will be melted butter.
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