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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Junkyardawg who wrote (16818)	1/31/2000 12:50:00 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 63513

I would not be surprised by a little bounce tomorrow...Something like 1380 on the SPX. Then again, some of the foreign markets might be considered safer than the U.S. market by some...And then again, now only +3.21.

To: Junkyardawg who wrote (16818)	1/31/2000 12:53:00 AM
From: Junkyardawg	Respond to of 63513

Sunday January 30 11:00 AM ET U.S. Expansion Heads Toward Record By Glenn Somerville WASHINGTON (Reuters) - The U.S. economy is galloping toward a date with destiny on Tuesday when it will enter a record 107th month of growth. Since the expansion began in March 1991, millions of jobs have been created, Americans' personal wealth has soared and new technologies, especially the Internet, have begun to change how business is done in near-revolutionary ways. On Feb. 1, just a month shy of nine straight years of growth, the current expansion will surpass the Vietnam War-fueled 1960s when the economy grew for 106 months from 1961 through December 1969 before lapsing into recession. Remarkably, analysts see scant signs the current boom is faltering. To the contrary, Federal Reserve policymakers worried about the economy's vigor are preparing to raise interest rates at their Feb. 1-2 policy-setting meeting in an attempt to slow it for its own good. The Commerce Department confirmed on Friday that growth in gross domestic product continued at a booming 5.8 percent annual rate as 1999 ended. Last year, GDP expanded 4 percent to mark a third straight year of expansion at that rate or higher, following increases of 4.3 percent in 1998 and 4.5 percent in 1997. Consumer optimism is sky-high and unemployment is at a three-decade low of 4.1 percent. Consumer prices, a proxy for inflation, advanced a relatively modest 2.7 percent last year, and excluding food and energy were at mid-1960s levels of 1.9 percent.