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To: marc ultra who wrote (6687)7/10/1999 2:05:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
re:money supply.Can't say how important a week over week number is but per chart in Market Lab section of Barron's both M2 and M3 decreased from last week on both an actual and seasonally adjusted basis. Maybe the July 4th holiday had something to do with this but I wonder if the Fed might be looking to further squeeze things looking at a roaring stock market and economy and concerned the market is taking the neutral bias decision as a green light they didn't intend to give.

Marc



To: marc ultra who wrote (6687)7/14/1999 1:00:00 PM
From: marc ultra  Read Replies (1) | Respond to of 15132
 
sentiment:

bulls 55.2
bears 26.7

bulls/(bulls+bears)=67.40 up from last week's surprisingly low 65.91
P/C 10 day moving average remains at a very exuberant .49