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

To: Les H who wrote (46313)4/14/2000 6:29:00 PM
From: schrodingers_cat  Read Replies (2) | Respond to of 99985
 
ANALYSTS SEE US STOCK PLUNGE AS HEALTHY...No it isn't!!

Shocks to the system like this could threaten the health of the real economy...especially if it continues. This could make it very difficult for the Fed to find the right level for interest rates. Recession of the early 90s was partly blamed on Fed's response to crash of 87.

Just another example of positive spin...

Of course, runaway speculation has made this inevitable...



To: Les H who wrote (46313)4/14/2000 7:22:00 PM
From: Crimson Ghost  Respond to of 99985
 
Nice to see that all the folks who were telling people to buy near the top now are calling this a "healthy correction." What a crock of sh...t.

They were saying the same thing in early 1973 at the beginning of the second worst bear market of all time. A bear that saw the Dow cut in half over an 18 month period. From levels far less inflated than those prevailing today.


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