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


To: pater tenebrarum who wrote (40865)2/21/2000 11:37:00 AM
From: Crimson Ghost  Read Replies (4) | Respond to of 99985
 
Heinz:

I do think the value sectors of the market will bounce nicely when the NAZ breaks. But I am not sure how long that will last. Real bear markets (as opposed to brief panics) last a while. So a bounce in value as NAZ breaks may just mark the end of the first phase of the bear, with more downside action to follow after the bounce peters out.

BTW here is additional evidence the Labor Department's productivity numbers are a crocks of sh...t.

*** A Stanford survey confirmed what we already knew -
the productivity figures lie. A quarter of respondents
said they now worked at home via the Internet, without
reducing the hours they put in at the office. Americans
are working more. Output per hour - if rising at all -
is going up more modestly than the New Era statisticians
claim.

Saw an item on another site about a home in the San Francisco area with an asking price of $2.7 million being sold for $3.7 million. But of course there is no inflation in our new era.