Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: HairBall who wrote (12546)	4/30/1999 2:43:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 99985

LG, rates and inflation (or the fear thereof) are without doubt the biggest dangers to this extended market. but the market can survive a rise in rates for a while due to the fact that incipient inflationary pressures also provide an increase in companies' pricing power - hence the recent strength in the cyclicals. so for a time the market may focus on earnings instead of rates, but ultimately that's a losing battle. liquidity will always be the the most important factor in determining the market's direction. regards, hb