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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (5248)	12/18/2003 6:14:22 PM
From: yard_man	Read Replies (1) of 108556

re money flow -- do you look at credit growth?? it's my understanding that this has turned down and turned down hard ... one fellow who claims to have a nice proprietary definition of money growth claims it is turning down -- he claims that some measures overcount what is really available -- both are RECENT phenomena ... mises.org re credit growth rates Message 19610445 I got bearish in August -- that was certainly too soon things look pretty frothy here and tech is lagging with vols collapsing -- could be corrected next week. My own personal view is that you can't make squat out of indicators in the latter half of an expiry week. Last Fri-Tues, still looked bearish to me -- I'll throw away this Wed through Fri and see what happens on next Mon and Tues to consider direction through the end of the year, or into January. one more link Message 19611482

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