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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (20874)10/11/1998 4:36:00 PM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
A Picture Is Worth A Thousand Words...
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decisionpoint.com

All the red are the New Lows that consistently has been way over 100... Not surprisingly, the Market goes down when the New Lows go up... So, until we see a reversal of this process the market cannot sustain any rallies... Bull markets are made of more stocks making New Highs than New Lows, BEAR markets are just the opposite...

Jim



To: James Strauss who wrote (20874)10/12/1998 2:32:00 PM
From: James Strauss  Respond to of 50167
 
1973/74 Recession Revisited...
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kiplinger.com

What was different then was Inflation and high Interest rates...

But, Deflation can be just as dangerous as inflation... The key here is how quickly Alan Greenspan wakes up to reflate our economy...

Jim