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

To: Square_Dealings who wrote (58161)	8/12/2000 5:45:53 PM
From: HairBall	Respond to of 99985

michael finsterwald: My World Prime Rate component for Japan is the "Prime Rate Japan Index", the Friday update for that index, did not have a change, yet! And yes it is likely to move the rate index up, but it still has a little room to climb before it touches the horizontal dashed green resistance line. Time will tell... I am expecting a pullback from the "area" of the horizontal green dashed line or at the least a pause. A break above the line (not just a penetration) would suggest prime rates are headed higher. Regards, LG