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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 686.10-0.5%Feb 4 4:00 PM EST

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To: John Carragher who wrote (78474)6/12/2001 7:26:55 AM
From: t2  Read Replies (1) of 99985
 
I thought we needed the dollar to go down to be more competitive in overseas. It does raise risk of inflation here but the last article I read many companies were saying they couldn't compete or were having a difficult time as a result of higher dollar.

I agree. The dollar needs to get a little weaker.
Risk of inflation is not bad as the risk of recession.
Actually, most say manufacturing is already in recession.

That is why I am for more aggressive rate cuts; maybe the dollar will finally weaken.

Or maybe the EURO bank cuts rates and that could actually strenghten the Euro...which is way things seem to unfold these days.
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