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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: feewaybill who wrote (3424)9/26/1997 10:20:00 PM
From: Claud B   of 42787
 
Hi Bruce,

I think too much has been made of the strength in the Bond market
as a propellant for the stock market. Big contribution, yes...
but not exclusively. The strength of the dollar against most
European and Asian currencies has brought a lot of money into
dollar denominated assets.

However, that strength, as I read it for the past many weeks
is beginning to slip away. A look at the Dollar Index shows
lower lows and lower highs. I'll try an post a chart of the
Dollar Index on the "Today's Chart" thread this weekend so you
can see what I'm talking about.

Claud
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