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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (257)	5/12/2000 12:17:00 PM
From: Lee Lichterman III	Respond to of 10876

US Dollar is getting hit hard right now. Digging through the PPI report and most of what went down is now up strongly. The PPI is a lagging report and the CRB is showing inflationary pressure real time. Note the prices in Wheat, Corn, Soybeans, Oil etc the last few days. Ge not confirming this rally and there are a few other weakness being seen in utilities, trannies etc. This may be a relief rally. Hard to tell since I have some things that point to this being a real double bottom like the QQQ chart yet as I said earlier, no capitulation, volume, extreme one day drops etc. Extreme short cycles showing a likely topping area already. I ma expecting mostly churning the rest of the day with the probable J6P rally in the end to ease fears over the weekend and so Louis Ruhkeyser can smuggly grin into the camera and proclaimm all is well, Please buy my stock. I am out and will see what next week brings or what shows up on my charts over the weekend. Good Luck, Wife got home from her appointment, I am off to work. Lee