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: Sergio H who wrote (9521)	8/27/2001 11:47:54 AM
From: James Strauss	Read Replies (1) of 13094

If the ECB decides to leave interest rates unchanged, and the US GDP comes in lower than Germany's, there will probably be no change in the dollar... because everyone will be busy selling stock. Sergio: If the ECB doesn't lower interest rates it will make the Euro a little stronger relative to a dollar where interest rates were cut on Fed Funds and the Discount Rate... We'll probably see multinationals like IBM and McDonalds rise because of a relatively lower dollar being good for their overseas sales... As for Germany, the Dax has been behaving like it doesn't expect a pick up in its own GDP... finance.yahoo.com^gdaxi&d=c&k=c4 Jim

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