Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: sepku who wrote (9382)	8/16/2001 11:34:18 AM
From: James Strauss	Read Replies (1) of 13094

sepku: You pose a good question regarding the YEN... Normally a weak economy coupled with very low interest rates would produce a devalued currency... But in the case of Japan we have the world's second largest economy with a very positive trade balance... They export more than they import... This, is what I believe has kept the YEN from crashing... In fact, this forecast suggests that the YEN has stabilized and may rise slightly against the dollar... forecasts.org The YEN is way off its 1970's value, but has been fairly stable the past 5 years... forecasts.org So, as long as they continue to export more than they import, and the world currencies move towards equilibrium, the YEN should remain stable... Jim

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