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


To: donald sew who wrote (57772)8/4/2000 1:40:12 AM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
Stairsteps...we are presently in the wave up, B....moving towards the top B (c),
or we've already entered the big corrective wave C.
Why I think so...because the top wave B(c) should be close to the neckline...which correspond to 4500.
We never visited 4500 during this correction,which seems to be unusual.
The corrective wave A (5) down was completed in the end of May, IMHO.

home.swbell.net
stockcharts.com[H,A]DACLYYMY[DD][PD20,2!F][VC60][I]
As you see on this charts... the impulse wave, goes faster up than the corrective wave goes down...in the begining...
el



To: donald sew who wrote (57772)8/4/2000 3:55:53 AM
From: Tunica Albuginea  Read Replies (1) | Respond to of 99985
 
donald, I said it before and I will say it again: Health care is what
will kill the bull, ( aided by oil ),
IMHO,

msnbc.com

However, with fewer younger nurses coming up through the ranks — less than 10 percent today are under 30 years old — the nation’s pool of nurses is expected to shrink in the next decade.

Federal officials and nursing groups agree the nation will experience an acute shortage of registered nurses starting in 2010, when today’s nurses, who average 44 years of age, start to retire.

The shortage is expected to hit just as the oldest baby boomers reach Medicare age and their health care needs grow,

TA



To: donald sew who wrote (57772)8/4/2000 8:47:37 AM
From: Casaubon  Respond to of 99985
 
Thanks Don,

Very interesting as I posted a cuople of days ago (possibly to MDD) that this market reminded me of august 1998. It was a gut feel call though.



To: donald sew who wrote (57772)8/4/2000 9:20:18 AM
From: Haim R. Branisteanu  Respond to of 99985
 
Oil is moving up again at 29.15 overnight

Oil was $32 at a dollar index of 105, now at 111 fro the index relative cost of oil for the rest of the world is above $31 again.

It seems that the market is not paying any attention to the fact the inflation is accelerating as evidenced in wage increases of 0.4% for the second month in a row.

Wages advances at a 5% pace well above reported inflation, and slightly below or in line with actual inflation.

Haim