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

To: Crimson Ghost who wrote (43332)	3/16/2000 1:47:00 PM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 99985

George if you bought the Old Economy I hope for your sake that we have more than a dead cat bounce ( as we've had in all the recent past everytime the papers,diapers and cars started moving ). It all depends how much money FIDO has stashed away to invest on a rainy week like this one ). Today was obviously a staged event. Never in a history has such bad news about the PPI caused so much irrational exuberance as Al is fond of saying. But you know when you start burning cash, for ANY reason it gets depleted fairly rapidly. So I am looking for a nice drop back on earth. Believe it or not I still believe that what goes up will eventually come down. And as I look up to the stars in the sky right now, they all look to me like they are starting to fall. Anyway, good luck to you. ( That's the beauty of day trading: you can be nice to bulls and bears alike ), :-) TA Message #43332 from George S. Cole at Mar 16 2000 1:34PM Tunica: I am not saying we are in a new bull market. Just a nice bounce in the old economy that probably has somewhat further to go after the inevitable "pause that refreshes". I have long argued that official figures greatly understate inflation. But if oil is headed towards $25 or lower as I think it is, inflationary pressures will at least temporarily abate.