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


To: Zeev Hed who wrote (65959)1/5/2001 10:12:34 AM
From: Boplicity  Read Replies (1) | Respond to of 99985
 
Thanks Zeev,

Greg



To: Zeev Hed who wrote (65959)1/5/2001 10:51:08 AM
From: Boplicity  Read Replies (2) | Respond to of 99985
 
re: Political:

a. Election year, the current government has a lot of freedom of injecting liquidity into the market so as to create the "good feelings" required for them to stay in power ("it is the economy, stupid" still works). That will be in effect over the next few months once the campaign resumes in earnest. That effect will be absent after the election.

b. Recognition by any new administration (R or D), that market excesses must be wrung out of the system, and it is best to take the bad tasting medicine early in the four years cycle.

* The current conditions are the exact opposite now. Does that fact change you view at all?

re: Housing

The housing and construction industry has largely been change and is more prudent in lending and speculation due to the SL debacle. So, we will not being seeing much a cyclical slow down there.

Greg