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


To: GROUND ZERO™ who wrote (24965)9/5/1999 10:48:00 PM
From: Kevin Batey  Read Replies (2) | Respond to of 99985
 
GZ,

I have tried to go back an read up on your 'wiggle' pattern. I have to say I cannot find single example that fits the somewhat strict criteria I read in beta.siliconinvestor.com How much leeway do you give it, or could you give any further insight? Thanks

Aloha,
Kevin



To: GROUND ZERO™ who wrote (24965)9/6/1999 10:08:00 AM
From: John Madarasz  Respond to of 99985
 
Weaker dollar...

At the moment, though, inflation does not appear to be a problem. Through July, the consumer price index was up just 2.4% at an annual rate. All of the increase has been attributable to higher oil prices. Looking at another important measure, the producer price index through July hadn't budged at all. That's nothing short of remarkable.

On the other hand, the dollar has been stumbling of late, particularly against the yen. This could spell trouble ahead for producer or consumer prices. (Quick reminder: A dropping dollar results in higher prices on imported goods.) The key will be how well the dollar holds up against several other major currencies. Thus far this year, it's up versus the pound and the euro.


www6.americanexpress.com

Regards,

JM