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Technology Stocks : Dell Technologies Inc.

DELL 138.80

-2.7%

Nov 11 3:59 PM EST

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To: Boplicity who wrote (106018)	3/2/1999 9:02:00 AM
From: JRI	Read Replies (1) of 176387

Greg- the dollar has been strengthening against the yen/euro....Japanese have come out in favor of a weaker yen lately...currency markets would like to see at 135.....and the Euro still struggles under coordination problems, and a possible rate cut sometime during the year...difficult to see this situation dramatically changing short-term.. I told a friend of mine..its not that the dollar is so strong...it is that the dollar is the best option (of 3 weak currencies).. So, the dollar's strength is another positive for our argument vs. inflation (over the next several months).. (A trader i know insists that the currency markets tend to be unidirectional..once they move one way, everyone wants it to continue in that direction, until there is a clear stop and turn..so that no one gets that rear hit when the door shuts on them)

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