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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Vitas who wrote (17102)	6/13/1999 1:25:00 AM
From: James F. Hopkins	Respond to of 99985

9% more down side to go, give or take a little depending on what the money monkeys do to the dollar. But 9% will about level out the divergence's if the dollar stays at it's present level. Often when divergence's got this large an over reaction happens but taht don't last to long. ------------------------------------- Note the Dollar index last Summer and in late 97 stockcharts.com click on both weekly and monthly. Keep in mind this works via other currencies and their markets as well. The crony capitalist cartel of money monkeys work in collusion to short the currency of what every country they are ready to screw. AS the market hits bottom they buy that market with cheap currency then cover the currency bets. They are always buying the dips cheaper than the locals can, most indexes locals watch and see is in their own currency and not adjusted to the actual global value of that currency. ------------------------- Stocks are no more than a form of currency to the money monkeys they want to buy them not only cheap but when that currency is cheap, and sell them when the currency is peaking. If they see a market running out of steam they will sell & short it and the money at the same time. Several of these cartels have more money to toss around than any Government does and they know it, on top of taht they own most of the Governments in one way or another. ------------------------- If you doubt this ask yourself how the dollar has started to fall recently even with interest rates going UP. Under normal conditions when rates move up the value of the currency moves up too. Jim