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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (2633)4/24/2000 3:29:00 PM
From: KyrosL  Read Replies (1) | Respond to of 19219
 
MM, what do you think is the best way to play if one is bullish on the Euro?

Kyros



To: marginmike who wrote (2633)4/24/2000 3:37:00 PM
From: Copeland  Respond to of 19219
 
I disagree, Dow is the place to hide, but the market always gets everybody. We are now looking at a scenario of much slower growth, higher inflation, and tight margins

Actually I left the market long term once the first interest rate hike was announced and have gone purely short term (hence all my short term plays announced on this thread), with the exception of a few stocks that I'm already down some 50% on.

In my previous message, I was referring to more of a relief rally on Thursday if the numbers aren't as bad as expected. The inflation scenario is old news to me; however, I think the market as a whole still has enough exuberance in it to make a few profitable bounces before it starts growing stagnent.

I'm not a big fan of the Euro, although albeit it is kinda cheap at these levels, especially with the dollar falling. I've been long on the Yen since a few months back and will continue to hold my position in the near future.

Gold sucks.