MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: Daniel Joo who wrote (15526)	6/1/1999 7:51:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

Daniel, i agree, the mass exodus hasn't happened yet. your description of the current mentality sounds quite apt to me. btw, i get the impression that the market and the fed may be worrying about the wrong bogey. maybe the weakness in commodities is telling us that deflation should be the primary concern. if so, economic data should start to deteriorate soon. note that i am not saying that this is indeed the case; i'm only offering the possibility for consideration. regards, hb

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