John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Logain Ablar who wrote (5342)	12/26/2001 1:00:53 PM
From: John Pitera	Read Replies (1) of 33421

Hi Tim, Thank you for the Holiday thoughts, I had a very nice Holiday myself. The US Dollar has had a very nice rally the past few days. Leave it to the Interbank FX traders to have a big move occur during a seasonally light week. The Dollar index had a big move last friday and again on Monday. The Yen has continued to weaken, which has been telegraphed by their governmental apparatus. and the Euro currency has had a rocky few days. A stronger US Dollar tends to be a positive for the US stockmarket. remember that the SPX has rallied on average 1.5% the last 5 trading days of the years and the first two trading days of the new year. John

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