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

To: sea_biscuit who wrote (68159)	1/31/2001 6:42:07 PM
From: Joan Osland Graffius	Read Replies (3) \| Respond to of 99985

Dipy, If the printing presses keep increasing the MZM this is inflationary, because the people outside the country will take their $'s home and that should push the treasuries down in price and up in rates. I think food will increase in price because of the increase cost in fuel and fertilizer. The producers like ADM will take production off line so prices will rise to cover their increase in costs, and the next tier of food manufacturing will raise prices. I believe we have seen a 10% increase in the cost of basic living costs this year and I do not see them going down. I was in there buying ADM when it hit $8.25 in September. I have taken some profits, but I will buy the stock on any serious weakness. I think the basic materials need to be watched, because they will be taking production off line during the slow down and these stocks will look like they are going out of business. I will watch for the metals and diamonds to throw up all over the place and start picking up some of my favorites. I happen to believe that it will take a while for wall street to admit that there are real problems out there, they just never want to admit that macro economic problems exist. Maybe they did not take any macro economic classes in college. <g> If you can find "real cheap" stocks that are based in Europe I would buy. I have been collecting some Australian securities and when copper bottoms out I will start collecting some Chile securities. If one can think of a good way to hedge the USD I think this would also be prudent. I sure could be wrong and our CB could pull this one out of his hat, but I am not going to bet on that. Joan