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

To: Boplicity who wrote (67824)	1/27/2001 11:49:24 PM
From: Casaubon	Read Replies (1) \| Respond to of 99985

Then you must see some companies well into their base formations. Perhaps you could share some names which you would put into the category of "striking distance" for cup and handle breakout? TIA.

To: Boplicity who wrote (67824)	1/28/2001 2:52:44 AM
From: Shtirlitz	Read Replies (1) \| Respond to of 99985

The issues of enormously high debt levels of consumers and corporations will not be resolved quickly. This debt was mounting for the past ten years, why would all over suddenly this problem should go away in 2-3 month. Consumer is exhausted. Further debt expansion, that was driving this economy seems very unreal at this point. There are no more "must have" drivers like internet. Markets are getting saturated, buying power diminishing. If the real estate market starts pulling back due to lower demand, this will trigger further pull-back by consumer. Real estate bubble was holding so far, but the troubles are already seen. Friday's data showed much greater drop in demand for housing than it was anticipated. 130,000 people were laid off in US only over the past week. This is another major factor that affects consumer psychology. Why on earth would anyone think that in 6 month all these issues will go away ? Don't forget that this economic expansion has lasted for the past 10 or maybe even 20 years. Mostly driven by debt expansion. I think this economy is getting ready for a substantial pull-back.

To: Boplicity who wrote (67824)	1/28/2001 2:56:42 AM
From: Shtirlitz	Read Replies (1) \| Respond to of 99985

The issues of enormously high debt levels of consumers and corporations will not be resolved quickly. This debt was mounting for the past ten years, why would all over suddenly this problem should go away in 2-3 month. Consumer is exhausted. Further debt expansion, that was driving this economy seems very unreal at this point. There are no more "must have" drivers like internet. Markets are getting saturated, buying power diminishing. If the real estate market starts pulling back due to lower demand, this will trigger further pull-back by consumer. Real estate bubble was holding so far, but the troubles are already seen. Friday's data showed much greater drop in demand for housing than it was anticipated. 130,000 people were laid off in US only over the past week. This is another major factor that affects consumer psychology. Why on earth would anyone think that in 6 month all these issues will go away ? Don't forget that this economic expansion has lasted for the past 10 or maybe even 20 years. Mostly driven by debt expansion. This is not a correction in the markets based on some small foreign financial blip. This is the real thing. The cycle is entering the downturn. I understand that everyone wants to beleive that Fed will cut rates and things will be dandy in 2 month. And the markets will rally to the moon, However, I'd try to be realistic in expectations.