Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: pater tenebrarum who wrote (37707)	1/20/2000 7:22:00 PM
From: Don Green	Respond to of 99985

Forex Outlook: G-7 To Show Concern Over Strong Yen Friday, January 21, 2000 TOKYO (Nikkei)--Finance ministers of the Group of Seven industrialized nations will likely convey their worries about rapid movements in any of their currencies, possibly singling out the yen because it has risen significantly, predicts Masamichi Nomura of the Tokyo branch of Banque Paribas. Their statement could be more than a simple expression of shared concern, Nomura notes. If a strong statement comes out of Saturday's meeting, then the Japanese currency will definitely weaken against the dollar, he says. Even without such strong language, the currency will nevertheless edge lower because yen-buying by overseas investors to finance their Japanese equity investments has been on the decline, he maintains. Nomura predicts that the dollar will trade between 103 yen and 113 yen through March. (The Nikkei Financial Daily Friday edition)

To: pater tenebrarum who wrote (37707)	1/20/2000 7:32:00 PM
From: bobby beara	Read Replies (4) \| Respond to of 99985

Heinz, the ftse after a much weaker rally than the dow or spx broke thru the 1/3 low and completing a H&S top, can you get a volume read on the footsey today and see if it was well above average. The hang seng is sitting on the baseline of an H&S pattern, also with a weak rally off the early jan lows. I believe if we have weak internals tomorrow the McOscillator will cross into negative territory, maybe the nasdaq top is at hand, i doubt the nasdaq can swim too far upstream with the dow and spx going the other way. Tuesday i believe is gold auction day, will be interesting to see if gold can join the commodity party. b