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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (1256)11/8/1999 5:26:00 PM
From: marginmike  Read Replies (2) | Respond to of 19219
 
JT keep whistling by the graveyard. I agree with your Greenspan pitch, but I also think this market is in Liquidity mode. We will take profits for a week then off to the races!



To: J.T. who wrote (1256)11/11/1999 12:42:00 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
Greenspan's dilemma:

Strong economic growth - moderate inflation - tight labor market conditions with decreasing availability of skilled labor. PPI core rate up .03% yesterday did not help decision to sit tight until February 1 and 2. I now believe he has no choice but to raise 1/4 now and then wait until Feb for next decision.

Tomorrow's 3rd QTR Productivity # A.G. will look at under microscope and unit labor costs for nonfinancial sector.

Food for thought.

Best Regards, J.T.