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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (152850)	10/13/2007 1:40:46 PM
From: Henry J Costanzo	Read Replies (1) of 209892

Hi, SNS...long-time no see...but I see that any discussion USD always grabs your interest ...LOL <<..this recent strength in equities may be due, in part, to a desire to exchange Dollars for "anything but"....>> ???...US equities are also Dollars...no ? Think some of the strength in equities lately reflects the positive impact of a cheap dollar on the earnings of multinationals...witness CAT and MCD.. BTW...by all purchasing power and other measures, dollar remains substantially undervalued...

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