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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (159)	10/6/2000 3:03:20 PM
From: ahhaha	Respond to of 24758

Production figures are good. Yawn. Profits are not good. The stock market disengages from assessments of profitability and goes off into emotions land. That's what we have here. In Japan when her inflation figures were high her employed were at a high level too. Japan is capitalist. The last time Japan had inflation was the '70s. So if AG raises rates then when we are already having difficulty creating profit. Profit reductions right? The economy is not monolithic. Euro does not appear to be holding. True. If the Euro plunges then European exposed tech profitability is not sufficiently accounted and so the market would drop in emotional anticipation of the worst possible scenario. If you have so many employed one would think retail would be doing very well. Not so. How well should it be doing? Rising geometrically? Has there ever been a crash in an election year? No one controls the market.