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


To: Joan Osland Graffius who wrote (49647)5/7/2000 9:55:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Joan, do you know how the other "bread baskets" are faring? .... e.g Argentina and Ukraine?

I think Argentina just had their harvest and Ukraine are planting.

It can be an interesting play on those economies especially Ukraine which is a basket case and may not have money for seed.

As far as I know even Romania is exporting grains to the US.

Haim



To: Joan Osland Graffius who wrote (49647)5/7/2000 12:13:00 PM
From: Benkea  Respond to of 99985
 
Joan:

"I continue to be amazed that the consumer is not tapped out."

He is...under guidelines even as recently as the early 90s. Equity requirements for housing are considerably less, home "equity" lines of 125% don't even require an appraisal, the barrage of teaser rate credit card continue to fill the mail boxes, and terms are continually stretched such as 60 months on an auto - not to mention leases which represent 50% of all autos sold. Financial engineering is alive and well in the consumer lending sector as well.

Not Joan:

PS. As to AMZN, Amacon made a new high after climbing almost 50% (if memory serves) after the Bearon's article. So, if after 3 years of constant bashing the stock, it FINALLY went down (to PLUS several hundred %), I guess they're right, right? I don't think so.



To: Joan Osland Graffius who wrote (49647)5/7/2000 10:20:00 PM
From: Terry Whitman  Read Replies (1) | Respond to of 99985
 
To confirm your drought worries- I just read this morning that the northern 2/3 of Indiana (where nearly all the corn and beans are grown) is in 'severe drought' condition. Too dry to even sprout seed.

TW