SI
SI
discoversearch

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: Crimson Ghost who wrote (48405)4/27/2000 1:35:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
George, it depends. the exporters are delighted. everybody else isn't.
i think a dangerous game is being played with the Euro. however, with Dollar bullish sentiment at an incredible 97% and Euro bullish sentiment at an equally incredible 4% (both figures are absolute records in every sense in the Market Vane survey), i believe the dollar blow-off will soon come to an end.
it reminds me a bit of the final blow-off rally in the Yen in the early '90's. sheer momentum and short covering can keep it going for a while, but eventually we'll get a big reversal day, and then it'll be all over.

regards,

hb