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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: Box-By-The-Riviera™ who wrote (55076)	6/23/2000 1:41:00 AM
From: Tunica Albuginea	Read Replies (1) of 99985

Joel G.: Re: EURO is done. I agree with Russell. The EURO has topped. Europeans simply can't get their act together and cut Governmental programs and spending which is what needs to be done to get Europe out ot their funk. Raising interest rates as their Central Bank has done will only ditch their Economies. Overall it does not look good: Interest rates are being raised all over the world ( Japan included ). The World Economies and ours will slow down and likely stop. The party is over. Time to go to bed. Or, soon, time to short.So many stocks............so much to do.......so little time.................The Joker TA Message #55076 from Joel Gander at Jun 22, 2000 11:16 PM ET THIS! is important to me.... anyone have any thoughts on what Russell meant when he said he saw a topping out of the Euro..... Either he was supporting his bear thesis (to an extreme here)or.......... he's saying the eurozone...all factors considered...will not create enough demand for euro currency to raise it much (if at all) above the current levels... this raises (if russell has a real insight here) several (perhaps many) interesting problems.... Heinz.... please weigh in. and anyone else for that matter...except Haim of course. <g> J

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