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So where's the correlation? M3 up market up, M3 down, market up... (see
Feb-April99)
Doesn't look too reliable to me, although I have addressed that issue myself
before...
Gwenn
Ronald McEwan wrote:
> This is the updated weekly S&P 500 (as of 1/21) and the 13 week percent
> change in M3 data (as of 1/10)
> Has A. G. set up the worlds biggest short for former Treasury Secretary
> and Citicorp to cash in on big time?
> Stay tuned for part II "The Fed gets the big Lewinsky from Wall Street"
>
> Ron McEwan
>
> ------------------------------------------------------------------------
> [Image]
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