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

To: pater tenebrarum who wrote (53604)	6/9/2000 7:23:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

Heinz, my observation of the markets today is that may be, ... slowly the notion that the US government releases misleading statistics is taking hold with many financial markets participants. I have no other reason to pin on the weak markets of today in response in what should be a great PPI report ...... e.g. there is NO INFLATION. Things are starting to sink in and people leave the markets. Only the sleaze-bags and gamblers were able to bid up NAZ junk. It may be that foreign and smart money are leaving the US markets. Just an observation. ......as to the XMI and SPX both indexes were at around the same level in 1996 now SPX is 1440 and XMI 30% lower at 1040. BWDIK Haim