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

To: James F. Hopkins who wrote (22945)	8/13/1999 8:56:00 AM
From: cary garner	Read Replies (1) \| Respond to of 99985

market is gonna love these figures. cbs.marketwatch.com

To: James F. Hopkins who wrote (22945)	8/13/1999 9:07:00 AM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 99985

US July PPI rose 0.2 pct see the details WASHINGTON, August 13 (Reuters) - U.S. Labor Department monthly producer price index (1982 equals 100): Percent Changes: Seasonally Adj. Unadjusted July June July'99/98 Finished Goods 0.2 -0.1 1.5 Less Food, Energy Unch -0.2 1.3 Consumer Foods -0.9 0.4 -0.3 Energy Goods 3.4 -0.3 4.9 Finished Goods Index(X) 132.9 132.7 N/A Gasoline 12.7 -1.9 23.4 Heating Oil 15.2 -0.2 27.9 Tobacco Products(X) Unch Unch 30.4 Passenger Cars -0.2 -1.3 -2.1 Capital Equipment -0.1 -0.3 -0.1 Prescription Drugs 0.9 0.2 0.9 Over-the-Counter Drugs -0.2 -0.1 1.0 Intermediate Goods 0.6 0.4 0.1 Less Food, Energy 0.4 0.5 -0.1 Manufact Materials 0.2 0.5 -1.3 Construction Materials 0.7 0.8 2.2

To: James F. Hopkins who wrote (22945)	8/13/1999 9:18:00 AM
From: j.o.	Read Replies (1) \| Respond to of 99985

Hi Jim, The Dollar is rallying nicely against EURO and GBP. With the bonds looking solid after the number, I see room up to 114-28 or so. That's the top of the hourly downtrend resistance, and if we can clear that, we're headed for 116-00. I'm going to try to get long stocks at reasonable levels on the open - that pretty H&S in the 15-minute Dow yesterday will go unfulfilled. I think that we'll retest yesterdays highs at the very least as a result. BWDIK!! Good trading. j.o. indextrade.com