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


To: Benkea who wrote (31775)10/28/1999 11:24:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 99985
 
Don't get me wrong...currency moves don't effect the stocks
one on one percentage wise, in fact the effect a bigger market
than stocks, Arbitragers play them on bonds. Even for small
scalps, that in time accumulate and cause changes to stocks
---------------
But a currency trend is another horse..you can bet a 5% move
in currency ( over time ) can create a 20% end result on stocks.
Almost always.
It's the way of Gonglomerisum and their pimps in the IMF and
other major central banks who "fix" things for us peons.
Jim