John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Chip McVickar who wrote (3086)	1/5/2001 1:23:42 PM
From: John Pitera	Read Replies (1) of 33421

Chip, I think that you right about your USD index topping pattern. That's the type of turn I've talked about during the past 6 months or so. I was a few months too early on my macro idea of a USD top, but I suspect that we'll see it trend lower over the next year or two. I need to do some more current detailed analysis on the USD, but we're on the same page it appears. Paul McCulley of PIMCO has a great article on the Pimco thread this month, He points out that the FED may need to get short rates very low and if the USD declines.... so be it. (I'll post his article, for a keeper on the thread in a moment) John

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