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

To: fedhead who wrote (47030)	4/17/2000 5:04:00 PM
From: Timothy W. Johnson	Read Replies (1) \| Respond to of 99985

<Incidentally the San Jose Mercury News had an article on how church attendance increased this Sunday and people were reflecting on core values like family etc instead of unbridled pursuit of money> That, and it was Palm Sunday. <G>

To: fedhead who wrote (47030)	4/17/2000 5:30:00 PM
From: pater tenebrarum	Respond to of 99985

Anindo, this tidbit about increased church attendance is quite interesting...it supports the theory that the societal and cultural background is not the same during bull and bear markets. re. the rally, i think many allowed for the possibility of one if the market failed to fall out of bed completely. and while it was quite a big rally, it was also one of the narrowest rallies of recent memory, and that's quite a feat. i don't think real estate in Tokyo in '89 will ever be rivaled again...although it's pretty clear that there are big real estate bubbles in selected areas in the US. regards, hb