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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (20756)7/22/1999 12:16:00 PM
From: John Madarasz  Read Replies (1) | Respond to of 99985
 
From Reuters... Greenspan repeated that developments in the stock market had been a key factor in the outlook for economic growth and
spending, even though the central bank did not target equity prices directly in its monetary policy. In a typically cryptic warning
over the high level of U.S. equity prices, he said there was the risk of a ''euphoric'' run-up in stock prices that could propel the
market to unsupportable levels.


Does this mean that AG sees these levels as supportable?????? Maybe he is waiting for the blow off top so he can short the hell out of the market and make a killing.

Hmmmm



To: Les H who wrote (20756)7/22/1999 12:26:00 PM
From: Mike M2  Read Replies (1) | Respond to of 99985
 
Les, see my reply prior to your post. The GDP and productivity numbers are bogus. mike



To: Les H who wrote (20756)7/22/1999 1:41:00 PM
From: pater tenebrarum  Respond to of 99985
 
the games being played with statistics are despicable; by doing everything to avoid a pricking of the bubble the government merely assures that the imbalances continue to pile up.

hb