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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (1666)4/25/2000 10:53:00 AM
From: Magnatizer  Respond to of 2103
 
Jim

I was discussing the usd with Doug R this morning. Though I do not want to put words in his mouth the basic feel from him was the dollar is indicating a lean toward more interest rate hikes. I was thinking the indication was money is coming in from overseas as a flight to quality.

I do not pride myself on my fundamental analysis skills so I will focus on the technicals. And, technically speaking, a break north of a rising wedge is a very strong move regardless of why it occurred. ;-)

I am trying to figure out Metastocks overlay feature. Nice graphics in this software but, to me, it is not very intuitive.

ht
Mag



To: James F. Hopkins who wrote (1666)4/25/2000 11:58:00 AM
From: OX  Read Replies (2) | Respond to of 2103
 
Jim,
CNBC said about 30min ago that some big players were betting earlier this year that euro would strengthen and usd weaken and were now unwinding.



To: James F. Hopkins who wrote (1666)4/25/2000 1:11:00 PM
From: Les H  Read Replies (1) | Respond to of 2103
 
They're expecting a stronger GDP report number tomorrow. It usually boosts the host currency, especially if Euroland economy is supposed to be slower. ECB rate hike of 50 bp on the 27th may also be on hold till May 11th.