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

To: Haim R. Branisteanu who wrote (76806)	5/10/2001 8:43:56 PM
From: t2	Read Replies (1) \| Respond to of 99985

Haim, The picture you are painting is not pretty. Of course, it is a possibility; I will accept that. (especially since we have seen a bubble bursting phase) I hope the economy rebounds before more damage is done. That is how the market seems to be taking it right now. Of course a stable or rising market can result in a bit of a wealth effect to offset the negatives (credit, joblessness etc..)..and the jobs return soon. It is going to be a delicate balance and "hopefully" it works out. The possibility of a serious recession is not really being predicted by economists. That is why I am not considering it a factor in determining market direction at this time. It becomes less of a factor if the economic numbers get better. However, if those economic numbers keep getting worse and worse........