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


To: HairBall who wrote (61031)10/20/2000 12:46:45 AM
From: Techplayer  Read Replies (2) | Respond to of 99985
 
LG, So if the Comp closes above the Sept. 1 downtrend line, does that indicate that the recent trend has broken and will it cause you to become more bullish for the near term? Thanks for your comments and chart information. tp



To: HairBall who wrote (61031)10/20/2000 1:04:27 AM
From: Tunica Albuginea  Read Replies (2) | Respond to of 99985
 
LG, this is a big bull IMHO. It will fight , kick and try to horn you.
Ultimately though it's fate has been sealed by
-higher interest rates
higher inflation due to oil and health care and fewer workers
-rising wages
-Bush reelection will cut out all the blue smoke and mirrors
fromBureau of Labor Statistcs/Fraudelently low CPI
-impossibele to achieve a" soft landing " in the biggest Bull Market.
-Lower Europe and Japanese Economies due to higher interest rate s
will dampen our markets.

We are not going to reinvent the wheel here:
Economic cycles come and go:first a Bull then a Bear,

TA