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

To: pater tenebrarum who wrote (54151)	6/14/2000 9:12:00 PM
From: Follies	Read Replies (1) \| Respond to of 99985

Heinz, I am not so sure about the overvaluation that you speak of. I have some charts that I will post for you later tonight (morning for you). I have to get some things to eat for I am still living in the real world. I would have so much more time (and freedom) if I were virtual! -g- Dale

To: pater tenebrarum who wrote (54151)	6/15/2000 2:18:00 AM
From: KyrosL	Read Replies (2) \| Respond to of 99985

Heinz, for every $1 in GDP growth last year, $5,30 in new credit was created I find this hard to believe. The US GDP is around $10 trillion and is growing at around 5% or $500 billion/year. The above implies that credit in the US increased by well over $2.5 trillion in the last year -- don't forget that the government's publicly held debt is dropping at the rate of $200 billion/year. Do you have a handy source for these numbers?