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


To: Daniel Joo who wrote (15526)6/1/1999 7:51:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Daniel, i agree, the mass exodus hasn't happened yet. your description of the current mentality sounds quite apt to me.
btw, i get the impression that the market and the fed may be worrying about the wrong bogey. maybe the weakness in commodities is telling us that deflation should be the primary concern. if so, economic data should start to deteriorate soon. note that i am not saying that this is indeed the case; i'm only offering the possibility for consideration.

regards,

hb