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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: John Pitera who wrote (8762)3/23/1999 5:17:00 PM
From: Eddy Blinker  Read Replies (2) of 99985
 
<Even many of technicians are calling for 11,400. note Acampora>

John,

Since you mention the man himself Mr.Acampra was most recently interviewed by a German magazine 'Focus' and asked:

(of course my translation may not be 100%)

Focus: Last Summer you correctly foretold the crash.What has changed since.

Acampora: Because of the Asian crisis and financial turbulences in Brazil we faced economic collapse. However the chiefs of central banks representing the major industrial nations led by Mr.Greenspan have made it clear, though lowering the interest rates, that there is plenty of cheap money around to keep the world economy swinging.Today we have conquered the those terrible problems because we did something about them in time.

I spare the thread from my comments.

ED

Focus Nr:12 March 22 1999 page 384
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