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

To: Ken98 who wrote (24660)9/2/1999 9:48:00 PM
From: stockycd  Read Replies (1) | Respond to of 99985
 
Ken,

Along those same lines, the dollar is getting whacked again tonight. Right now it's 1.07 against the Euro. Does anyone know the euro high of the recent peak about 2 wks ago?

TIA,
chris



To: Ken98 who wrote (24660)9/2/1999 10:45:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 99985
 
Ken , I've been worried about the dollar for some time now,
but I wasn't charting at 200 DMA on it..IT's below taht ! ?
hmmm I knew it lost over 5% , but that don't sound good.

Still I don't think we can put the dollar into the same DMA
windows we would stocks. I mean the 200DMA should be more flat
for currency than stocks, so droping below it wouldn't mean
the same.
Jim


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