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

To: Les H who wrote (24626)9/2/1999 6:14:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Les, the market is not paying any attention to the dollar now. Presently I think it is more worried with the next rate hike, which IMHO will not materialize.Tomorrow will see.<G>

IMHO we are over the with the inflation top even that it was not properly reported. The inflation rate of change is slowing down.

Based on the retail stocks charts we are entering a slowdown which may be accelerated by an anticipated slide in the stock market.

BWDIK
Haim



To: Les H who wrote (24626)9/2/1999 7:07:00 PM
From: sean sanders  Respond to of 99985
 
Les,

Actually from looking at your chart I see that the dollar made a small double top in a downtrend. It has yet to compleate that; also it hopped below an important trendline there.

Sean


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