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: Bucky Katt who wrote (10934)	4/26/2002 3:21:46 PM
From: James Strauss	Read Replies (2) of 13094

Jim, the other problem, one that is gaining traction, is the value of the US dollar, and it is getting a bit weaker... William: The Euro is now about .90 to the dollar... U.S. Exports may pick up a bit with the decline in the dollar... The market is down even though the GDP was up... Naysayers are pointing to the inventory component... This is the first time in two years that there is some doubt about a second half recovery... From a contrarian point of view this could be very bullish after the market finds a bottom... Jim

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