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

To: pater tenebrarum who wrote (20555)	7/20/1999 12:54:00 PM
From: j.o.	Read Replies (1) \| Respond to of 99985

You might well be right, Heinz - but all of the articles in the last couple of weeks about possible Euro failure, etc. might have been an indication that the poor guy is 100% unloved. And that's usually a good time to pick some up. Now as we've seen with Gold, the recovery process can take awhile...but the risk/reward looks good for now. And I've seen the DM rally hard against the Dollar before with no reason better than "it's time". I think that it's time for a whole reversal in the dollar trend. This is only the beginning, methinks. j.o.