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


To: Benkea who wrote (32851)11/8/1999 5:39:00 PM
From: pater tenebrarum  Respond to of 99985
 
Benkea, i nearly fell off the chair just now hearing that the M3 aggregate grew by 109 billion bucks since the middle of September - that equates to 12,8% annualized money supply growth. it seems the Fed is hell bent to inflate the bubble even more, never mind their talk, they're busy priming the pump like never before. if only i knew what exactly that's supposed to accomplish...it's truly beyond me.
anyway, as long as they're doing this, might as well buy the dips...

regards,

hb