Dell's Daytraders Decision Site Message Board

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Technology Stocks : Dell's Daytraders Decision Site

DELL 149.13

-2.1%

3:59 PM EST

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To: michael norris who wrote (880)	9/28/1997 10:52:00 PM
From: michael norris	of 1124

to larry an all back in august I suggested that the market might become hostage to german interest rates this is the way it was back in 94/beginng 95 just as it looked then for the first 15 years we'd had just seen rates juggle down to about 6 sompthin % an then the fed raised rates we were flat for 7months an then the market took off again I dont even know what am sayin myself but lets look at some charts here quote.com ya probably wanna print these 3 pages or save this in your favorites anyways ya go back ta quote.com and at the bottom of the page where it says free quotes type in dmz7 that stands for dm deutchmark z december contract 7 1997 on the next page it should give ya the quote up there ya'll see charts click daily and print that chart now compair that chart to the recient dow an the results are stunning ,I just read fridays new york times currency markets section "the mark was boistered by a report that german import prices rose 5.4 percent in august compared with a year earlier,the steepest annual rise since 1989.the surge led traders to believe that the bundesbank might raise interest rates soon to cool inflationary pressure. That belief was stregnthened by remarks from the vice president of the bundesbank,johann wilhelm gaddam(whata fine german name uh),who said in a report on wednesday showing a slowdown in western german consumer prices should not be seen as reversing the trend"the overriding message from the bummersbank is dollar-negative"said allison montgomery,a currency analyst with I.D.E.A. inc. I dont know but if ya kinda want another guide ta watch the market with this seems ta be an interesting indicator.It may be more than october(is that a german name?) that is givin everybody the blues

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