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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (2700)	8/24/2000 10:48:22 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 33421

John, >>fixed income managers are overweight euro denominated assets << Read a reference to that in the WSJ this morning. I'll be watching the DX0U chart bars to see what develops. I'd hoped to make the call based on the charts and not fundamentals. The chart looks weak and set to visit 110-108, especially the 60 min. But it could fall short and be just a modest step backwards in a bull walk. These next two weeks are "chucked-full-of" potential for the beginning of a move in many markets. Might as well be Up..! <smile> Wonder what the returning money managers will do with Sept and Oct..? While the USA is waiting for the EURO to gain strength over the next few years, we'd better reduce are debt loads and prepare for the retiring population. Greenspan won't be with us forever. <smile> Chip