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To: H James Morris who wrote (112131)11/26/2000 3:38:51 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Message 14881510



To: H James Morris who wrote (112131)11/26/2000 4:13:24 PM
From: Mark Fowler  Respond to of 164684
 
And the falling dollar would be inflationary, pushing up import prices and probably persuading the Fed
that to attract foreign investors it has to keep interest rates higher than it would otherwise. This would make
a slowing economy still weaker -- and could push a merely weak economy into recession.<<

Ok thanks Jim that was good of good you. The dollar looks like it's in the topping out process . 118 (resistance) is near the top of the apex in the rising wedge. ST the dollar could stand to weaken in here maybe back too 110- 108 area. Hopefully it will not fall back under 105 area , the bottom support. Possibly that would not be good at this time because of high oil prices.



To: H James Morris who wrote (112131)11/27/2000 12:31:00 PM
From: John Chen  Respond to of 164684
 
HJM,re:"analysts...complacement". What do you want them
to do? It's not illegal to work!!! At least they are
"working", aren't they?