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


To: pater tenebrarum who wrote (41379)2/25/2000 7:47:00 PM
From: KyrosL  Read Replies (2) | Respond to of 99985
 
Heinz, here is the latest (as of Feb 23) monetary base chart. It shows a steady decrease since the beginning of the year. It seems that almost all of the extra liquidity injected before Y2K is being mopped up. Maybe easy Al is not that easy anymore?

stls.frb.org



To: pater tenebrarum who wrote (41379)2/25/2000 7:58:00 PM
From: IndexTrader  Read Replies (1) | Respond to of 99985
 
Heinz,

I thought this was an interesting post.

Message 12978183



To: pater tenebrarum who wrote (41379)2/25/2000 10:13:00 PM
From: Square_Dealings  Read Replies (1) | Respond to of 99985
 
Complacency

I sense very little fear in the trading chat room I hang out in, or on the message boards I scan daily (tech stocks). I would at least feel better if someone at least cared about the fact that the tankage in "value" or "old economy" is not a good omen.

Who's going to step up to the plate and buy em on Monday? Professional falling knife catchers I guess, not me.

The divergence will continue until the market explodes. Its like a chemistry experiment gone amiss and no one can control it.

I think the bottom will be in when no one wants to buy any stocks, none. No tech , no value, nothing because everyone is so burned out on the whole thing and they dont have any money left anyway. Cheery thought eh?

Hope everyone has a good weekend and take time to appreciate all they have, not only the money.

Mike