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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?

To: Matthew L. Jones who wrote (1098)	8/19/1999 6:24:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 2103

The DVI was worse than the index going into the close. Along with all of this I have to look at the dollar index from time to time. If it keeps falling then the DVI will too, and we could even pass the 111 mark. More recently I've seen a lot of the market reacting to the value of dollar. Lower interest rates don't always drive stocks up, take last year interest rates fell with stocks like gang busters, and the market never bottomed until the dollar did. If the dollar turns up we could and will likey rally, but if it don't we will keep sinking. Jim