MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: HairBall who wrote (875)	12/8/1998 1:11:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 99985

LG, I do not think that a numerical number on the CRB has the same importance as to a specific number on equity index. The reason is simple there are so many independent components which are difficult to manipulate oil group, metals group, grains group, lumber etc. The issue of deflation is old news and I was writing for a while that the US is playing the smoke and mirror games. I think the more important issue is to see how the Congress hearings pan out and how the US foes will see it. Issues in N.Korea and M.East are rising more the danger zone with a potential war as a result of inadequate US policy. Aside from that I anticipate a slower employement market which will hurt stock prices due to the low reported saving rate. BWDIK Haim

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