MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 691.72

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Jan 16 4:00 PM EST

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To: Haim R. Branisteanu who wrote (79715)	7/8/2001 7:03:10 PM
From: t2	Read Replies (1) of 99985

H, Are you suggesting that the EURO will start gaining strength against the dollar? I could not open that link you provided for some reason. That would be welcome news to the US manufacturing industry....possibly even for better profits down the road. At this stage, the strong dollar is a big hurdle for most US techs. O'Neill does not want to say it but you know he is thinking it....would not surprise me if Greenspan is as well. Maybe the next rate cut could trigger a decline in the dollar. I realize a weakening dollar carries some negatives but at this stage the benefits would outweigh the costs, imho.

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