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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.04

-1.7%

Nov 13 4:00 PM EST

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To: Adam Weiner who wrote (46775)	4/16/2000 6:46:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

Adam, i am almost certain that the dollar will eventually go down vs. the Euro...i don't think it will collapse, but Tuesday's trade data are likely to be sold this time around. note that European fund managers haven't sold their US stocks yet. with the Dow and S&P holding up, everybody was complacent. should they pull out, you'll see it in the dollar/euro. the Fed is already in a box imo. the latest inflation data preclude an easing to save the market from itself, and i have a feeling that Greenspan will not be as quick to intervene as he was in '98. 'this time it's different'. <g> regards, hb

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