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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (21689)	11/1/2000 4:22:14 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 29382

Sergio,IMO a European central bank rate hike would not be good for the euro,but IMO a hike is not in the cards at this time..European growth is showing signs of slowing,as well as the US..I think the Euro bottom has been put in around 82,as well as US$ high of 118-119,we'll see. Euro trading up again tonight.IMO, the powers to be, US included would like to see a higher, more stable euro, and eventually they will get what they want.Looking at a few overseas charts,appears some double top breaks(or damn close) occurred yesterday..the Dax and Cac for example quote.yahoo.com^GDAXI&d=3m quote.yahoo.com^FCHI&d=3m Market Mth Open High Low Last Change Date Time Bid Ask EuroFX(IMM)(Globex) Dec 85.09 85.70 84.89 85.57 +0.49 11/1/00 0:58 85.52 85.57 If nothing else,I figure an overseas mutual fund is a better bet than a Dow based fund at present..Thinking the Dow is getting toppy here..currently running a mix of tech and overseas funds..;^)